pdf - Fast and flexible cash flow solutions to SME

Transcription

pdf - Fast and flexible cash flow solutions to SME
Catalyst Case Study 007
Building a positive and
lasting relationship
with a South East
construction
business
£500k facility
This South East company offers
specialist construction services including
plastering and dry lining, suspended
ceilings, screeding and external
rendering within the residential,
commercial and retail sectors.
During a period of growth, the business's traditional finance
provider was not willing to offer solutions to help the company
move forward. Our approach was a lot more flexible. Seeing a
well run and responsive business, we were keen to help out. We
bought out the previous funder and doubled the facility level
immediately. The business was now able to fully realise its
potential as new contracts could be taken on with the certainty
that working capital would be available to complete them
when needed. Our Selective Invoice Finance solution also
meant the business retained full control over its costs only
paying for the funds it used. Furthermore they were able to
decide when and how much funding was needed on a
project-by-project basis.
A few years later we were able to help this client again when
an unexpected reduction in business activity resulted in a
strain on their finances.
Being responsive and understanding is key to our
client service, and we were able to work through
these issues with our client to help find a solution.
We quickly helped secure additional funding to
see them through this period of slow business
activity.
We are delighted to have helped where others
wouldn’t and see this client go from strength
to strength.
The Catalyst invoice finance facility gave us
the confidence to take on new contracts and really
build the business. From past experience working
with finance companies, it was a worry that Catalyst
might not support the Company in a difficult period.
In fact, Catalyst stood by us and worked with the
business enabling us to trade out of the difficulties.
Catalyst has done everything they could to make it
as easy as possible and to ensure a good outcome.
Director
Catalyst Finance offers straightforward, flexible and fast funding to UK businesses through Selective Invoice Finance or Commercial Loans.
Hundreds of ambitious UK businesses have chosen us as the smart alternative to big banks and most of them stay for the long term.
Would you like to know more? Call us today on 01453 758365
email us at [email protected], or visit www.catalyst-finance.com