Relationship is key to success
At Hilton-Baird Financial Solutions we know that relationships are the key to successful funding partnerships, so we always strive to match our clients with the most suitable providers for their needs.
A recruitment specialist based in south west England had experienced much success in placing permanent key and management staff, with salaries ranging from 25k-100k per annum, in call centres around the country.
On the back of their success, they expanded their offering to encompass more junior roles, which saw many clients approach them in search of temporary staff.
As demand increased, the business found that cash flow was preventing them from reaching their potential growth. Funding the payroll and the operational elements to run the back office and pay the contractors became a nice challenge to have, but nevertheless a real challenge to the business’ ability to freely grow to its potential.
Given this, they made the decision to look for a suitable funding solution to help them grow in line with their potential.
The team at Hilton-Baird Financial Solutions worked closely with their Managing Director to establish exactly what the needs of the company were, as well as elements which would help the management team to focus on strategic growth. This enabled Hilton-Baird to effectively match our client with the appropriate options and ultimately the most suitable funder.
He said: “Hilton-Baird really took the time to listen to our requirements and understood where we came from and where we are driving our business to. I was given all the necessary help and support and my broker was always at hand to answer any questions or queries I had. I felt supported but ultimately I was in the driving seat and made the decision I saw fit for my business. Hilton-Baird only had one interest, my business’ best interests.”
After gauging what facility would best suit our client, Hilton-Baird introduced the two most suitable funders, which led to a recourse factoring facility with payroll and back office support being secured.
Since the commencement of the facility, the business has seen a magnificent level of growth, with the placement of temporary contract staff currently running up to £50,000 per month.
He continued: “My new funder came across as reliable. Having initially met them, I immediately felt comfortable entering into a relationship with them, which was paramount. Additionally the facility they tailored to our business ticked all of our boxes.
“I’m very pleased that I was in contact with Hilton-Baird when searching for my facility as it is unlikely that I would have found the right funder without them, as it’s not a name I was familiar with or many would associate with cash flow finance, but Hilton-Baird listened to my needs, understood my challenges and delivered what I wanted. I would suggest to other businesses looking for cash flow support to talk to these experts and they will find you just what you need.”
If your business is looking for a funding partner that understands your needs, we could help. Contact our team on 0800 9774833 or email info@hiltonbaird.co.uk. Alternatively, request a call back and one of our funding consultants will be in touch.
