Working capital for labour hire company

Published Categories: Tags:

 

Flexible cash flow facility for a growing business.

Labour Hire Working Capital

The Situation

A small company specialising in formwork and labour hire for the construction industry achieved substantial growth in FY16. The company had tight cashflow and required a flexible working capital facility to expand their labour hire business.

Classic Solution

  • Confidential Debtor Finance facility
  • 80% advance rate on invoices
  • No security taken over directors' property
  • No monthly reconciliations, which minimised business disruption
  • Working capital solution eased cash flow without taking on additional debt

Find out more about how confidential Debtor Finance can help your business

Get in touch today