We were approached by the accountant of a growing roofing contractor.
They were seeking additional cash flow to support their growth and specifically they were looking at ways to generate the cash to buy more stock to fulfil their sales orders.
Following an in-depth initial meeting with the head of our trade finance team, we were able to quickly identify possible providers. We then negotiated and ultimately secured a £500k Supply cCain Finance solution.
This enabled our client to procure their product and pay their suppliers early, securing a healthy early payment discount in the process which has helped improved their margins and actually absorb the cost of the Supply Chain Finance facility.
Following the initial funding, the client is continuing to generate new orders, with Oakmead Finance now acting as their preferred broker and adviser.
Their dedicated account manager knows and understands the business, and is able to quickly secure the finance for them. This is allowing them to enjoy rapid growth, whilst being safe in the knowledge that they have the cash available to fund all new confirmed purchase orders.