We were approached by a partitioning contracting business that required a cash flow solution within 48 hours to pay wages.
They had been refused cash flow finance by their bank after a long application process and had been left without cash flow funding. Their bank did not understand the sign off processes they needed to go through with a QS and as such were reluctant to provide finance.
We instructed a small, independent and specialised invoice finance provider. We were able to put the cash flow finance facility in place much to the delight of the business owner.
Cash flow finance for contractors within the construction industry can often be difficult to source be we have contacts that are happy to assist.