Like many businesses, Higher Healthcare faced cash flow challenges due to late payments from their clients. They also had a bad experience with their previous factoring company, who did not understand their business and were unreliable.
This affected their ability to pay their suppliers, employees, and taxes on time, which in turn impacted their business performance and growth potential.
How We Helped
Higher Healthcare decided to switch to Apollo, an invoice finance provider that specialises in the healthcare sector. Apollo offered them a flexible and tailored solution that suited their needs and goals.
With invoice finance, Higher Healthcare could sell their invoices to Apollo and receive up to 90% of their value within 24 hours. This improved their cash flow and enabled them to pay their expenses on time.
Apollo also provided them with a dedicated account manager, who was always available to answer their queries and update them on any issues. Apollo also handled the credit control and collection of the invoices, saving Higher Healthcare time and hassle.
The Results
Since using invoice finance from Apollo, Higher Healthcare has seen a remarkable growth in their business. Their revenue has increased year on year between 100 – 400%, which has allowed them to expand their services and customer base.
Higher Healthcare is very satisfied with Apollo’s service and would recommend it to others. They have no feedback or suggestions to improve the service, as they find it perfect for their needs.
“I have worked with Apollo for the last 3 years and have had nothing but an excellent service.
Having worked with larger factoring companies previously, Apollo have been a walk in the park, with fantastic communication which I felt lacked with other providers.
I would not hesitate to recommend Apollo Business Finance to anyone looking for funding services.”
CEO | HIGHER HEALTHCARE
