At Apollo Business Finance, we are thrilled to welcome our latest client, a pioneering company introduced to us by Compare Factoring. Established in January 2019 and based in Southeast England, this forward-thinking business operates in the recycling and waste management sector, making a significant difference with its eco-friendly practices and social impact.
The Companies Unique Approach
What sets this company apart is their innovative approach to waste management. They specialize in moving waste products from markets and council properties through the canals, ensuring a low carbon footprint. By transporting waste to recycling centres, they contribute to a cleaner and more sustainable environment.
Social Impact and Empowerment
The heart of this venture lies in its commitment to social responsibility. An impressive 45% of their workforce comprises individuals who are or were previously homeless. This inspiring initiative not only helps the environment but also contributes to society by providing opportunities for those in need.
Empowering Business Growth
The company’s growth trajectory led to an increased contract with a major market player in May 2023. Consequently, an expansion of the facility with our financing partner became necessary to accommodate this business growth. Despite minor challenges related to the director’s mortgage defaults, the company diligently resolved the matter, securing a clean reference from our financing partner.
Funding for future success
With an impressive ledger of £55k and a repayment of £9k, this company’s monthly turnover is estimated at £660k. Key debtors, including prominent organisations in their sector, are integral to the company’s success. Their clients encompass well-known market players and property consultants, alongside esteemed entities, making a significant contribution to the company’s growth and accomplishments.
Making a Difference Together
At Apollo Business Finance, we are proud to support this environmentally conscious and socially impactful venture. By providing invoice finance solutions, we are empowering this company to pay suppliers and wages while waiting for customers to fulfil their payments.
We look forward to being a part of their growth journey, enabling them to make an even greater positive impact on the environment and society. If you too are looking for financial solutions that align with your company’s unique goals and values, don’t hesitate to reach out to Apollo Business Finance.
Together, let’s pave the way for a brighter and more sustainable future!