TSF newsletter images

Invoice Finance

Temporary Recruitment

Turnover Facility Size
£4,000,000 £500,000

Client was with another invoice finance provider and facility wasn’t fit for purpose. Client approached TSF to source another funder which we were able to do resulting in a tailored and more fit for purpose facility.

 

July 2023
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Asset Finance

Stone Masonry

Turnover Facility Size
£2,300,000 £110,000

Existing client who required a new CNC machine. Business has grown steadily over the last few years and existing machines weren’t  keeping up with demand. New machine will help with new orders and ensure clients receive goods on time.

 

July 2023
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Asset Finance

Procurement

Turnover Facility Size
£1,450,000 £35,000

Client approached us to finance a van to add to their existing fleet. TSF were able to turn this around for the client in 2 working days.

 

July 2023
construction asset 2

Asset Finance

Construction

Turnover Facility Size
£2,480,000 £200,000

Long term client seeking to purchase new scaffolding. Very limited funders on the market willing to fund this type of asset, able to source one. Client now has their required kit to fulfil jobs.

 

June 2023
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Trade Finance

Clothing/Retail

Turnover Facility Size
£600,000 £70,000

Client purchases raw material from overseas. Price increases and shorter payment terms led to cashflow problems. We have a funder that focuses on funding this type of work and a facility was put in place in a matter of days. 

 

June 2023
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Asset Finance

Treatment/Disposal of Non-Hazardous Waste

Turnover Facility Size
£1,750,000 £397,000

Due to growth client needed to acquire a new jet vacuum vehicle. Able to source one from supplier and came to us to fund transaction.

 

June 2023
construction asset 2

Asset Finance

Construction

Turnover Facility Size
£850,000 £110,000

Able to secure our client funding for 2 excavators. Client recently won a new contract and will use assets to do this. Once completed will be able to hire out the excavators on short term hire.

 

May 2023
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VAT Loan

Electrical Installation

Turnover Facility Size
£2,480,000 £200,000

Ease short term cashflow pressure. Client sent us their VAT bill for the next quarter and our funder paid HMRC directly with the client paying the funder back over 3 months.

 

May 2023
window manufacturer

Invoice Finance

Manufacture (Aviation)

Turnover Facility Size
£14,000,000 £1,700,000

Invoice Finance facility implemented to assist with a Management Buy Out transaction. Excess cashflow will be used to grow the business due to recent increase of sales.

 

May 2023
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Asset Re Finance

Engineering

Turnover Facility Size
£12,250,000 £1,400,000

Wanted to repay a loan of £400,000 but also needed £1,000,000 left to assist with purchase of another business. Able to accomplish this using the facility we implemented for them.

 

April 2023
installations

Asset Finance

Construction + Manufacturing

Turnover Facility Size
£4,500,000 £763,000

Purchase of 5 excavators and 2 trailers to assist with newly won Government contract.

 

 

April 2023
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Invoice Finance

Recruitment

Turnover Facility Size
£2,000,000 £300,000

Put in place to replace existing funder. Needed access to higher funding limit which we implemented. Also able to source higher initial advanced percentage at a lower rate.

 

April 2023
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Invoice Finance

Marketing + Media Company

Turnover Facility Size
£2,500,000 £85,000

100% export invoice finance facility to single customer based in America. Able to source a funder that could fund the contractual nature of this debt.

March 2023
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Asset Finance

Engineering + Manufacturing

Turnover Facility Size
£14,000,000 £200,000

Asset finance to purchase bulldozer. We were able to find a funder that could beat the suppliers offer for finance.

 

March 2023
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Unsecured Loan

Hospitality

Turnover Facility Size
£4,000,000 £160,000

Client is opening a new restaurant and unsecured loan put in place to assist with start-up costs.   

March 2023
window manufacturer

Invoice Finance

Manufacturing

Turnover Facility Size
£2,950,000 £375,000

Set up to replace previous one. Increased funding line and higher advance giving the client ability to generate more cash from sales ledger.

 

February 2023
engineering-1

Asset Re Finance

Engineering

Turnover Facility Size
£3,000,000 £120,000

Re finance of assets already on finance with other funders. Consolidate the agreements, client now has one monthly payment instead of several payments each month. 

February 2023
marine

Unsecured Loan

Marine Engineering

Turnover Facility Size
£4,100,000 £135,000

Unsecured Loan implemented to re pay previous loan and leave excess cash for general business cashflow.

 

February 2023
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Invoice Finance

Recruitment

Turnover Facility Size
£9,500,000 £800,000

Implemented to assist with fast growing business. Ability to fund permanent placements was a positive for the business.

 

January 2023
electrical engineering

Unsecured Loan

Electrical Installation

Turnover Facility Size
£1,750,000 £75,000

To assist with slower business trading. Excess funds used for transportation as business is moving to new premises.

 

January 2023
marine

Asset Finance

Marine Services

Turnover Facility Size
£3,500,000 £37,000

New van required as previous vehicle was only being rented.

 

January 2023
marine

Invoice Finance

Marine Services 

Turnover Facility Size
£7,500,000 £775,000

Invoice Finance facility implemented to assist with a new contract that has payment terms of 75 days.

 

December 2022
Gardening

Asset Finance

Garden Design

Turnover Facility Size
£320,000 £34,000

The client was previously renting assets weekly at high rates but by purchasing were able to reduce monthly costs.

 

December 2022
construction

Unsecured Loan

Construction

Turnover Facility Size
£1,500,000 £50,000

Unsecured loan sought to ease cashflow pressure in the winter months where business is typically slower.

 

December 2022
Construction

Re Finance

Construction

Turnover Facility Size
£17,500,000 £275,000

Re Finance of assets to generate cash to purchase supplies in bulk to combat rising prices of materials. 

 

November 2022
Telecommuncations

VAT Loan

Telecom Services 

Turnover Facility Size
£4,220,000 £110,000

VAT Loan was implemented to assist short term cashflow pressure and pay the quarterly VAT bill.

 

November 2022
Engineering

Asset Finance

Engineering

Turnover Facility Size
£1,500,000 £25,000

Purchase of crane attachment. The asset will allow the business to cut down on relying on third party lifting companies.

 

November 2022
Recreational Activities. Cycling. Bike

Re Finance

Recreation Activities

Turnover Facility Size

£2,844,000

£875,000

Funds were used to pay off existing liabilities and clear balances outstanding to others.

October 2022
Residential Care

Unsecured Loan

Residential Care

Turnover Facility Size

£2,687,000

£250,000

Funds were used to complete the renovation of rooms within the care unit.

October 2022
marine

Asset Finance

Marine Engineering

Turnover Facility Size

£8,500,000

£36,000

Purchase of new van for the business that will allow them to stop relying so heavily on using third party logistics companies.

October 2022
Funding-2

Asset Finance

Forestry Services

Turnover Facility Size

£1,600,000

£49,000

Purchase of trailer to assist with new and upcoming agricultural work.

September 2022
Telecommunications

VAT Loan

Wireless Telecom Services

Turnover Facility Size

£2,800,000

£141,000

VAT Loan was implemented to assist short-term cashflow pressure and pay the quarterly VAT bill.

September 2022
steel supplier

Asset Finance

Steel Engineering

Turnover Facility Size

£52,500,000

£720,000

Purchase of two assets to replace historic and outdated kit.

September 2022
engineering-1

Asset Finance

Industrial Engineering

Turnover Facility Size

£4,600,000

£580,000

Purchase of 11 assets from director's old company into director's new company.

August 2022
invoice-finance-builders

Unsecured Loan

Joinery Installation

Turnover Facility Size

£2,900,000

£200,000

Unsecured Loan that will assist the business with buying stock due to the surge in turnover following the easing of Covid-19 restrictions.

August 2022
Pylons (Energy)

Invoice Finance

Energy Storage

Turnover Facility Size

£4,000,000

£750,000

Incumbent funder was restricting funding limit and the business required a flexible finance partner to assist with rapid growth.

August 2022
electrical engineering

Asset Finance

Engineering

Turnover Facility Size

£3,200,000

£220,000

Upgrade of obsolete machinery to boost productivity and increase efficiency.

July 2022
Closeup image of a fitness equipment in gym

Unsecured Loan

Sports Wholesaler

Turnover Facility Size

£2,200,000

£95,000

Allowed the business to purchase more stock in preparation for Christmas.

July 2022
installations

Asset Finance

Utilities Installation

Turnover Facility Size

£4,700,000

£85,500

Finance for four new vehicles due to the continued growth of the business.

July 2022
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Asset Finance

Surveying (Oil & Gas)

Turnover Facility Size

£3,200,000

£109,800

Client required a new crane to assist with upcoming jobs due to the award of a new contract.

June 2022
clothing

Asset Finance

Chauffeur Company

Turnover Facility Size

£800,000

£27,500

Client required a new vehicle to add to existing fleet due to growth since Covid restrictions eased.

June 2022
UK to require employers to pay 20-30% of furloughed wage cost

Asset Finance

Cleaning & Hygiene

Turnover Facility Size

£17,500,000

£500,000

Re Finance of assets to lower monthly outgoing payments and assist with ongoing business cashflow.

June 2022
engineering

VAT Loan

Multi Trade Construction

Turnover Facility Size

£6,000,000

£100,000

VAT Loan was implemented to assist short term cashflow pressure and pay the quarterly VAT bill. 

May 2022
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Asset Finance

Medical & Defence

Turnover Facility Size

£39,000,000

£695,000

Re finance of assets and moving them from old company to new company whilst lowering monthly payments. 

May 2022
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Asset Finance

Marine Services

Turnover Facility Size

£5,250,000

£57,500

Opportunity arose to purchase brand new version of existing machine which will greatly benefit overall productivity.

May 2022
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Invoice Finance

Aerospace & Defence

Turnover Facility Size

£11,250,000

£2,750,000

Invoice Finance facility to assist with growth and general cashflow requirements.

April 2022
engineering

Unsecured Loan

Monument Designer

Turnover Facility Size

£1,000,000

£125,000

Consolidation of other loans resulting in overall reduction of monthly payments.

April 2022
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Asset Finance

Timber Importer

Turnover Facility Size

£13,330,000

£770,000

Upgrade to old treatment plant for a long-established family business that recently won a new large contract.

April 2022
Someone putting coins into a jar.

Unsecured Loan

Logistics & Procurement

Turnover Facility Size

£2,100,000

£100,000

Unsecured loan to allow the business to open second depot due to continued growth. 

March 2022
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Asset Finance

Window Manufacturer

Turnover Facility Size

£6,800,000

£650,000

Re finance of existing asset book to allow the business to lower their monthly outgoings. 

March 2022
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Invoice Finance

Health + Safety

Turnover Facility Size

£4,750,000

£275,000

Move from previous funder and ability to generate more cash from growing sales ledger.

March 2022
TSF - Newsletter & social  images (6)

VAT Loan

Electrical Engineering

Turnover Facility Size

£2,000,000

£80,000

Funding solution to assist with latest VAT bill.

February 2022
AdobeStock_296359601

Unsecured Loan

Installations

Turnover Facility Size

£11,000,000

£100,000

The business has won a new contract and was in need of a cash flow solution to fulfil newly won work.

February 2022
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Asset Finance

Engineering & Manufacturing

Turnover Facility Size

£4,800,000

£20,000

Funding was secured for a new company pool car for staff to use.

February 2022
how-it-works-4-2

Invoice Finance

Clothing Designer

Turnover Facility Size

£5,000,000

£500,000

Move from previous funder and ability to generate more cash from growing sales ledger.

January 2022
A calculator and an invoice.

Asset Finance

Engineering & Manufacturing

Turnover Facility Size

£11,000,000

£833,850

Refinance of numerous pieces of kit and machinery for a well established and growing business.

January 2022
Two people shaking hands after an invoice finance agreement.

Invoice Finance

Engineering & Manufacturing

Turnover Facility Size

£16,200,000

£1,750,000

Funding solution to assist with growth and new upcoming projects, client had been refused by previous lenders.

January 2022
Invoice late

Invoice Finance

Logistics & Haulage Business

Turnover Facility Size

£2,000,000

£175,000

Move from previous funder and ability to generate more cash from growing sales ledger.

December 2021
engineering

Asset Finance

Agricultural Contractors

Turnover Facility Size

£3,800,000

£200,000

Requirement to upgrade important piece of machinery to meet demands with upcoming work.

December 2021
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Invoice Finance

Film, Sound & Media Company

Turnover Facility Size

£6,200,000

£800,000

Funding solution to assist with growth and new upcoming projects.

December 2021
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Invoice Finance

Logistics & Transport Company

Turnover Facility Size

£1,450,000

£275,000

Working capital solution to assist with growth and to fund a newly won NHS contract.

October 2021
how-it-works-4-2

Unsecured Loan

Survey & Inspection Business

Turnover Facility Size

£2,700,000

£175,000

Loan secured to assist with overall business growth and acquisition of new asset.

October 2021
Post its on a window.

Invoice Finance

Homeware & Furniture Sales Business

Turnover Facility Size

£3,250,000

£400,000

Working capital solution to assist with stock and trade purchases.

October 2021
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Asset Finance

Crane & Material Hoist Hire

Turnover Facility Size

£4,500,000

£250,000

Addition of additional crane to fleet due to increased customer demand.

September 2021
Funding

Invoice Finance

Water Treatment Services

Turnover Facility Size

£8,500,000

£300,000

Working capital solution to assist with growth and to fund a newly won contract.

September 2021
TSF newsletter images

Asset Finance

Frozen Storage Solutions

Turnover Facility Size

£15,500,000

£260,000

Replacement of dated and insufficient equipment to boost productivity and profit.

September 2021
Key-1

Revolving Credit Line

Cleaning Products Supplier

Turnover Facility Size

£8,500,000

£350,000

Credit line implemented to allow the business to purchase PPE.

August 2021
Two people in high vis jackets next to a truck.

Invoice Finance

Agricultural Specialists

Turnover Facility Size

£4,500,000

£850,000

Refinance from existing lender to generate additional funding for the business.

August 2021
A healthy tree thriving.

Asset Finance

Drainage Specialists

Turnover Facility Size

£2,500,000

£100,000

The business required two additional vehicles following the award of a new large contract.

August 2021

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