Care Provider - Cash Flow Finance

We were approached by a provider of residential care workers who was encountering cash flow problems and required a cash flow solution.

They had tried traditional factoring facilities which had not worked because they had a single debtor which was the local authority. They had also approached their bank for an increase in their overdraft facility but they were not supportive despite the successful track record of their client. As a result they required a cash flow solution that was tailored to the needs of their business and their sector.

We introduced our client to specialised provider of cash flow finance. The lender understood the sector and was happy to provide 100% finance against the local authority debt.

When funding cash flow it is imperative that you find a lender that understands your business and the sector it operates in.

For independent best-practice advice call 0845 251 4040  or email finance@fundingsolutionsuk.co.uk