New Furniture Business Sets about Preserving Success

Invoice Funding

How do you go about preserving established furniture brands when their owner wants to diversify in another direction? This was the challenge for newly formed Nathan Furniture Group as it sought to continue the success of H Morris & Co Limited.

Needing an inflow of working capital to help fund stock purchase, it created Morris Furniture Brands Limited who turned to business financier, Bibby Financial Services.

With an initial £400,000 funded against existing stock, the business has now secured long-term funding from Bibby made up of a £1.4m invoice discounting agreement and £500,000 in trade finance.

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Liverpool-based Car-care Manufacturer Reveals Ambitious Growth Plans

Invoice Funding

Turtle Wax, the global car-care product manufacturer based in the North West of England, is looking to grow aggressively across Europe, the Middle East and Africa (EMEA) with a new finance deal in place. The fast growing business plans to double its turnover in 5 years to over £30 million, with 15% dedicated to the UK and 85% to export.

Incorporated in Chicago in 1946, Turtle Wax remains a family-owned and operated business with sales in more than 90 countries.

The iconic brand started its European business in the 1950s followed by establishing a UK based company...

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3DD

Invoice Funding

Established 20 years ago, the 3DD Group produces TV programme series with a focus on music and the arts. Based in London, 3DD has built a reputation of delivering long running music series including Later with Jools Holland from the BBC.

Producing work for international buyers, such as Sky, the 3DD team saw lengthy payment terms that meant gaps in cashflow.

Jennifer Bentley, Finance Director commented:

"The main difficulty for 3DD before MarketInvoice was in the typing up of cash in sales contracts to cable and satellite channels, against paying production suppliers on standard terms."

Using MarketInvoice

Dominic Saville, 3DD's CEO, heard about MarketInvoice on BBC Radio 4's The Bottom Line and realised that selling invoices wo...

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MyPlanet Life

Invoice Funding

The MyPlanet LIFE team is behind a new social media software solution for business. The company has a 12 person team based in the UK and New Delhi, India.

Guy Flintham, CEO commented:

"We identified a clear gap in the emerging 'social media for business' market.

With zero budget initially, we built a prototype social media platform which quickly gained attention."

We secured initial angel investment and were able to turn MyPlanet LIFE from a project into a company.

Using MarketInvoice

Selling their software to large corporates, MyPlanet LIFE saw typical payment terms of 45 days.

Guy Flintham, CEO, read about MarketInvoice in The Sunday Times and quickly understood that the flexibility of usage...

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Times Square

Invoice Funding

A printing firm turned to Bibby in 2004.....find out how invoice finance helped Times Square in a number of aspects by watching the video below.

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Able Services

Invoice Funding

Able Services were introduced to Bibby Financial Services for invoice factoring which would predominately help with cash flow. Watch the video below to find out how Bibby solved the cash flow problem.

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Accessorising a Giant – David and Goliath working together

Invoice Funding

Company Details

This client was a young company that specialises in designing and sourcing various fashion accessories and jewellery.

Testimonial

‘I was very cautious on using a factoring invoice company, however GapCap have certainly changed my mind, they explained everything in great detail, and excellent throughout. They impressed me through the whole setup and completely had my company’s interest at the forefront of their minds. Their services have ensured that my business can expand with the help of maintaining my cash flow, and for that I am very grateful. You also get a great af...

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GapCap Relieves the Burden of Cash Flow Issues Caused by Seasonal Order

Invoice Funding

Company Details

This client produces luxury lavender based cosmetic products.

Testimonial

"The service from GapCap has been excellent; they're exactly the partner we need as we grow into new markets and opportunities."

JM, MD of our client

Transaction Challenges

Our client, a producer of luxury based lavender cosmetic products, came to GapCap having received an abnormally large order from a large multinational. The size of the order and longer payment terms was impeding our client’s working capital reserves.

Transaction...

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Market Invoice Help Company Pump More Beer

Invoice Funding

Ales by Mail were recommended to Market Invoice by one of their suppliers and because of this it has allowed the craft beer company to purchase more stock, explore different markets in oversea territories and get more products into our range. Watch the video below to find out more information:

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CCM clean up with Positive funding package

Invoice Funding

Birmingham based, invoice finance specialists, Positive Cashflow Finance (“Positive”) have provided Midlands based commercial cleaning business, Complete Clean Management Ltd (“CCM”), with a £50,000 working capital facility to support ambitious growth plans over the next 12 months.

Local entrepreneur, Dom Bacciocchi is the managing director at CCM and established the business in 2009. CCM provide a wide variety of cleaning solutions for businesses ranging in size throughout Birmingham and the West Midlands and have built a reputation as a reliable and high quality service provider.

In the past, Dom has declined to take on larger contracts d...

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Positive Help Engineer a Bright Future

Invoice Funding

North Wales based, Engineered Composites Limited (“ECL”) has secured a £550,000 funding facility from Manchester based invoice finance specialists, Positive Cashflow Finance (“Positive”).

ECL, established by Dr Andrew Downey in 1986, is a supplier of GRP profiles and other composite materials to customers supplying a wide range of industries such as building and construction, civil engineering, marine, rail and utilities.

Nicki Thelwall-Jones, director at ECL, who has taken over the day-to-day running of the business from Dr Andrew Downey said:

“The funding facilities from Positive offer us great flexibility, comprising of a confidential invoi...

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Suspension Firm Springs Forward

Invoice Funding

Bromborough based, Maxtrac UK Limited “(Maxtrac)” has secured a £150,000 funding facility from Manchester based invoice finance specialists, Positive Cashflow Finance “(Positive)”.

The vehicle suspension specialist distribution firm has its head office in Holland and with other subsidiaries in Germany and South Africa have targeted significant growth over the next 12 months.

Maxtrac supply a number of motor factor/warehouse distributor businesses throughout the UK and Republic of Ireland and have a focus on providing high quality goods, swiftly and at a competitive price. They have a vast product range including items such as sport suspension systems, complete strut assem...

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​Scaramouche & Fandango

Invoice Funding

Scaramouche & Fandango are a men's body and skincare range who's vibrant no frills brand is all about high quality ingredients and high performance products.

It all began in the living room of the two founders and less than two years on is a global business with products stocked in many of the world's most exclusive department stores, including Selfridges, Barneys NY, Harvey Nichols and Fortnum & Mason.

Using MarketInvoice

Cashflow is always a big challenge for manufacturers that have contracts with large UK and international department stores, many of whom operate on 60 – 90 day payment terms. This was especially true for a business like S&F with significant growth ambiti...

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PlatformBlack Solves Working Capital Problem for CleverTouch

Invoice Funding

CleverTouch is Europe’s largest marketing automation consultancy, based in Alresford. It provides businesses with specialist consulting, training and mentoring, analytics and development of their marketing systems, making sure they get the best for their business. CleverTouch is unique in its ability to combine marketing understanding and technology appreciation to focus on the customer journey.

The firm is fortunate enough to have a number of high profile clients, including American Express, Legal & General, VMWare International and PayPal. Working with large organisations like these, m...

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Market Invoice Provides much needed Working Capital for Food Company

Invoice Funding

Inspired by a love of food, ex-City worker Charlotte Knight wanted to make a move into the food market.

Starting with a handful of her own recipes, G’Nosh was born and she was soon selling her dips into several quality retailers, including Selfridges and Ocado.

“I hit my mid-thirties and realised I didn’t want to spend the rest of my life commuting, jostling through airport lounges and missing my kids.

Ultimately, G’Nosh was born from life change, friends, family and food.

G’Nosh dips are sold by a range of retailers, including Ocado, Selfridges and Wh...

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Market Invoice Finds Invoice Solution for Design company

Invoice Funding

CADA Design Group provides interior design services for food and beverage stores.

Their 30-strong team, based in London’s Southbank, work with clients all over the world, from China to Brazil, India to the UK. It was formed in 1992 by David Callcott (current president of the Chartered Society of Designers and former Managing Director of John Michael Design Plc) and David Anderson.

Working with large corporates, CADA has always seen issues with long and late payment of invoices.

Using MarketInvoice

Being a design agency focused on service delivery, CADA is low on fixed assets such as mac...

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Unique Stock Option Success for Upcycling Company

Invoice Funding

Company Details:

This client is an upcycling company – they take used and scrap electronic goods, and if possible refurbish and resell them, if not, they recycle them.

Testimonial:

‘What a great product! GapCap has given our business the cash flow boost to start supplying much larger companies, simply because we can now take their 90 day payments. The stock option works perfectly - we get cheaper rates, shift excess inventory and expand our sales channel – what a fantastic finance facility!’

John, MD of our client

Transaction Challenges:

This client came to GapCap because they had an opport...

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Increased Sales for Farm Machinery Manufacturer

Invoice Funding

Company Details:

This client provides arable farmers with innovative solutions to field cultivation problems.

Testimonial:

‘For growing companies, GapCap performs a useful function. Being able to offer our customers tailor made payment terms is a really useful tool. Our cash flow benefits, whilst at the same time satisfying our customers’ requirements.’

Richard, MD of our client.

Transaction Challenges:

Our client’s primary customer only offered 90 day payment terms, which became a serious restriction on growth. The client was in a position whereby he wanted to transact on 8 machines over the fir...

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Wholesaler Provided with The Tools To Grow

Invoice Funding

Company Details:

A Leeds-based wholesaler of end of line retail goods, working alongside the likes of Matalan and Primark.

Testimonial:

‘I would like to say the following - I have been very impressed with GapCap! The manner in which you have conducted your business has been excellent. Your service and execution of funding, truly magnificent and we look forward to a long and lasting business relationship.’

Bobby CEO of our client

Transaction Challenges:

This client initially struggled to gain a financial solution due to the newly established nature of the business. They required a finance facility which would a...

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Car Manufacturer Takes an Alternative Route

Invoice Funding

A Midland-based car prototype manufacturer has turned to Platform Black to improve cash flow at the company.

Pinnacle Design has a huge international client base, which is one of the firm’s great strengths, but it can only occasionally stretch its cash flow so needed to find an alternative way to keep the cash flowing.

After examining many options, suggested by their financial advisers Nicholls & Roe, they decided that Platform Black stood out for them, with the reasons being other platforms:

Had technical issuesWere less flexible Didn’t quite cater for what they were looking for

The car manufacturing company has been design...

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