Success story: Cleaning business cleans up

In September 2020, we took on a client with a funding limit of £150,000, who provided industrial cleaning to companies in the south of England.Running a business can be unpredictable at times. Unfortunately, they lost a large contract due to the failure of their biggest customer and went into a CVA (Corporate Voluntary Arrangement), to avoid business liquidation.All hope seemed lost, as no one would provide funding in that situation. Then, Apollo Business Finance stepped in…
two happy businessmen celebrating their success

In September 2020, we took on a client with a funding limit of £150,000, who provided industrial cleaning to companies in the south of England.

Running a business can be unpredictable at times. Unfortunately, they lost a large contract due to the failure of their biggest customer and went into a CVA (Corporate Voluntary Arrangement), to avoid business liquidation.

All hope seemed lost, as no one would provide funding in that situation. Then, Apollo Business Finance stepped in…

Because of our facility, they were able to trade on. The CVA has to close at the end of 2021 and to meet their obligations, we made them an extra loan to settle their debt, which they repaid over 3 months.

Now, free of debt, they began to look for new customers and we have just increased their facility from £150,000 to £350,000 to fund the new business.

Additionally, turnover has increased by over £1m, and they are able to offer competitive credit terms to attract new business.

Finding a range of financial support with a poor credit history when embarking on my new venture can be hard. We see past this and within 48 hours can get new clients set up, and funding provided.

Picture of Dominic Davison

Dominic Davison

Dominic is the Marketing Manager at Apollo Business Finance, bringing over nine years of combined experience in marketing and invoice finance. With a bachelor’s degree in Marketing Management and as a member of the Chartered Institute of Marketing, Dominic leads Apollo's marketing efforts, making finance more accessible and helping businesses understand the value of our invoice finance solutions.

About Us

Apollo Business Finance is one of the UK’s fastest-growing independent invoice finance lender. We provide businesses of all shapes and sizes with the cash flow support they need to grow, regardless of credit history or past hurdles.

Recent Posts

fancy a quick chat?

Fill out the form below and we’ll be in touch within 24 hours!