Liquidity Club and Bibby Financial Services have worked in partnership to assist a family-owned construction firm to achieve their growth aspirations and ensure a healthy cashflow strategy. This has been achieved through the provision of a £5million revolving cash flow facility that will make a real difference to their future success.
What did the customer need?
The client is a well-established operator in the construction sector and following a series of new business wins were seeking working capital to assist their cash flow requirements. The revolving cash flow facility will support new contracts and has specifically enabled the recruitment of more staff to assist more labour intensive projects and meet the immediate payment expectations of these staff.
How did we help?
The construction sector typically operates a minimum of 60-day payment terms which can squeeze many firms and affect a healthy cash flow that is essential to ensure the smooth running of any business and its future growth. Liquidity Club provided debt advisory support to the client, working in partnership with Bibby Financial Services who provided a £5million revolving cash flow facility to support their working capital needs. Bibby Financial Services understand the construction sector well and were well placed to assist this client, using their knowledge and expertise to structure the appropriate funding.
At Liquidity Club, we work closely with our clients and various funders to consider the best financial package that is tailored to the client’s needs. We aim to reduce the stress of approaching a number of funders by acting as an advisor for our clients and this is a great example of how the right results can be achieved to assist cash flow and provide a platform for future growth.”
“It also demonstrates our relationship based approach to funding and we were delighted to work with Liquidity Club in helping this ambitious business access the funding it needs to grow.”
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