Startups and young businesses
This self-employed driver worked for one haulage company and had achieved turnover of £60k pa. Having been turned down by 6 factors, Cashflow UK sourced a cost effective facility within 3 working days.
Electrical & Mechanical Contractors
Established to undertake contracts for large end users and main contractors, we were approached a few weeks after trading commenced, with the directors unable to finance planned growth. Cashflow UK helped them secure a specialist factoring facility incorporating credit insurance, as a consequence of which their first year turnover grew to exceed £2m.
Having experienced ongoing problems with its general office administration and managing cash flow, we helped the directors of this plant hire business secure a factoring facility. This provided much needed discipline to collection routines as the factoring provider undertook these on the client’s behalf, as well as providing a more flexible finance solution to help the business grow.
