More Success Stories

With some credit lines still being withdrawn or tightened, accessing protection is proving a challenge. Hilton-Baird recognised the strength of the business and quickly identified a provider. With the shield of credit insurance, the business is able to concentrate on winning new business.

Funders have sought to manage their risk in the last 12 months, leaving clients in a position whereby credit limits are tightened to the point that their funding facility no longer meets their needs, but Hilton-Baird sourced a tailored invoice discounting facility to ensure Flowfront Ltd would not be adversely affected for long.

Hilton-Baird Financial Solutions has helped keep Richard Noble’s latest world land speed record project on track after securing new short-term funding. Bidding to break the 1,000mph mark in 2011, the factoring facility Hilton-Baird introduced enabled the Bloodhound team to maintain its design programme pace.

DBD's owners have experienced it all from the recession of the early 1990s to the infamous Buncefield fire of 2005, but today's recession and subsequent fall in demand in the housebuilding sector has posed further challenges still. Hilton-Baird was able to identify the tailored invoice discounting facility with a funder that fully understood their industry.

Despite the recession, Scott Ratcliffe was looking to expand S R Recruitment and employ more staff in order to take the business forward. However, the cash flow problems associated with paying contractors before receiving payment from clients had to be overcome, and they were thanks to Hilton-Baird introducing a factoring facility to release the cash he required.

Hilton-Baird was able to introduce the director of Newhaven Press, Andrew Phillips, to the funder that fully understood his business’ requirements after his previous funder relationship broke down. With pressing suppliers and an overdraft unavailable, Hilton-Baird matched his company’s needs with the tailored factoring solution to promptly boost its cash flow.

Providing software to more than 20 high-profile football clubs across Europe to help track supporter activity for marketing purposes, Sports Alliance relied upon a steady flow of capital in order to grow. But when its previous funder withdrew its funding, Hilton-Baird was quick to introduce a replacement factoring facility with a funder that understood the industry.

Following bank moves to increase the company’s overdraft rate with short notice, director of Direction Marketing & Communications, Robin Seccombe, opted to seek more tailored funding that would take into account the nature of his business. Hilton-Baird introduced such a factoring facility to provide the funding to assist the business in moving forwards.

Successfully starting up a recruitment company as the credit crunch tightened its grip on the UK economy was no easy feat, but Hilton-Baird ensured Polar Recruitment had the foundations in place to do so by introducing a tailored factoring facility to boost its cash flow, leaving working capital free to invest into expansion.

Kierbeck, a multimillion pound turnover specialist steel supplier, has enjoyed an incredible growth in recent years; a growth that looks set to continue in the run up to the Olympic Games. However, keeping working capital free to fund its expansion is vital, leading to Hilton-Baird introducing a tailored invoice finance facility to boost its cash flow.

Having successfully used a factoring facility to enhance the company’s growth over the past few years, director of Advanced Pipeline Supplies, Stuart Hubbard, understood the benefits of such solutions. When the business decided to manage its own credit control, Hilton-Baird was able to facilitate a move to invoice discounting to increase the level of funding available and reduce costs.

Established in 2005, Shirley Parsons Associates has grown rapidly with a turnover today of around £2m. Although such growth can bring short-term cash flow challenges, Hilton-Baird was able to introduce a tailored invoice discounting facility to release capital tied up in the company’s debtor book, providing the funding it needed to continue its growth.