Case Study 1: Self-employed Lorry Driver
This self-employed driver worked for one haulage company and had achieved turnover of £60k pa. Having been turned down by 6 factors, we sourced a cost effective facility within 3 working days.
Case Study 2: 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. We helped them secure a specialist factoring facility incorporating credit insurance, as a consequence of which their first year turnover grew to exceed £2m.
Case Study 3: Plant Hire
Having experienced ongoing problems with its general office administration and managing cash flow, we helped the directors of this plant hire business secure a suitable factoring facility. This provided much needed discipline to collection routines as well as a more flexible finance to help the business grow.
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