Every business has its ups and downs, but it’s the bumps on the road that really test our mettle. Our newest client, a business specialising in maintenance and construction of car parks, knows this all too well. Despite dealing with 3 CCJs and a previous business liquidation, they’ve kept their spirits up and their eyes on the prize. Here’s their journey of resilience and how Apollo Business Finance played a part in their recent successes.
The Challenge
Imagine trying to rev up your business engine while carrying some extra weight in the boot—that’s been our client’s reality. They managed to self-finance, pushing forward with sheer determination. However, as opportunities to grow started knocking, the financial strain of waiting 30 days for customer payments began to hold them back, especially when it came to paying suppliers and staff on time.
How We Helped
At Apollo Business Finance, we believe every business deserves a shot at success, no matter their past. We rolled up our sleeves and offered a £50,000 facility specifically tailored to lift the financial weight off their shoulders. Our funding solution was designed to bridge the gap between their expenses and customer payments, so they could sustain and accelerate their growth without any cash flow interruptions.
The Result
With their new invoice finance facility in place, they have now been able to pay suppliers on time, keeping relationships strong. They also pay wages for their staff, keeping their team motivated and financially secure. Keeping cash flow healthy whilst waiting for customer payments, typically up to 30 days, has not only stabilised their operations but also positioned them for continued growth.
Contact us today to learn more about how invoice finance can support your business cash flow.
