Automation Consultancy Firm
Funding Bay secured refinancing for a property developer’s BTL portfolio in under three weeks.
Our client, a rapidly expanding automation consultancy firm faced significant cash flow challenges due to extended payment delays from large blue-chip clients outside the UK. These delays, often exceeding 60 days, hindering the company’s ability to meet financial obligations like paying wages and taxes (wich they were already falling behind on).
Our confidential invoice discounting solution provided them with the immediate financial support they needed to continue growing their business while maintaining strong relationships with their clients.
Industry:
Automation Consultancy Firm
Product:
Confidential Invoice Discounting
Facility:
£150,000
The company needed a financial solution that would provide immediate access to funds tied up in outstanding invoices. However, due to the nature of their clients and the importance of preserving business relationships, the company insisted on a confidential facility. Disclosing their financial situation to clients was not an option. We understood our client’s needs and connected them with the most suitable lender for the case, Optimum.
With the assistance of Optimum, we were able to provide our client with a £150,000 confidential invoice discounting facility. This solution offered the business immediate access to cash by converting outstanding invoices into funds. Crucially, the entire process was kept confidential, protecting the company’s relationships with its clients.
The confidential invoice discounting facility provided the company with immediate access to funds, enabling them to meet financial obligations promptly and maintain a stable cash flow. This allowed the company to confidently take on new contracts and expand their business without compromising their relationships with clients. By providing a tailored financial solution that addressed their specific needs, we helped the automation consultancy overcome cash flow challenges and achieve sustainable growth.
Funding Bay secured refinancing for a property developer’s BTL portfolio in under three weeks.
Funding Bay secured refinancing for a property developer’s BTL portfolio in under three weeks.
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