Case Studies

In an ever-changing world, let Business Finance House be your constant. Our team of experts are on hand to provide your business with the most appropriate funding. Quickly, efficiently, effectively.

Quarterly VAT Funding

A nationally recognised wholesaler of materials was looking to slowly reduce dependence on their ID line. In turn they required a facility supportive of working capital that did not require substantial security. The timing of the requirement created a very short-term need. The most appropriate facility was the spreading of that quarters VAT liability. Our lender offered £250k repaid over 3 months to allow funds preserved for the HMRC to be retained within their cash balances.

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laptop coding

Cloud Based Software Funding

A leading accountancy firm approached us seeking a facility that would allow them to spread the cost of an expensive new CRM system. The challenges that the client faced included a large invoice value of £135k, coupled with the need to fund an intangible asset using stage payments. Supplier turnaround time spanned four months. We stepped in with a Hire Purchase arrangement that satisfied all client and supplier needs.

Professional Indemnity Insurance Funding

A large firm of surveyors were introduced to us with the need to spread the renewal cost of their Professional Indemnity Insurance policy. Our client was keen to part-fund the renewal and in turn required a £240k business loan to contribute to a £500k bill. The deal was proposed, accepted and paid out within four business days without any security needed.

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lorries

Heavy Commercial Vehicle Funding

A new client to BFH was in the market for financing the purchase of a new scaffolding lorry. They had approached the supplier finance providers as well as several brokers seeking finance quotes. The specific need in this instance was a keen rate on a HP that offered a  VAT deferral. The deal was quoted, won, proposed, and accepted within 24 hours. At that point the client advised there was a real pressure with timescales. Our consultant drew up the documents that evening, travelled to the client’s premises for 8:00am the next day (as required by the lender) and the deal was paid out the following day as required.

Media Studio Fit-Out

An existing client in the media production industry had a fit-out project to undertake. They had been using a broker who had unfortunately gone quiet. This project included the purchase of various pieces of technical equipment, fixtures and furnishings. The challenge here was orchestrating the payments to a number of different suppliers across several accepted facilities. The project was funded via a mixture of Finance Lease and Sale + Leaseback agreements. Site visits were conducted where necessary and all required assets were funded over terms between 3 and 4 years.

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birds eye view of a construction site

Revolving Credit Facility

A new client to BFH in the construction industry had their credit terms withdrawn by their suppliers during the period immediately following the Covid pandemic. This left them with significant outgoings to fulfil contracts. After discussing the requirement in detail, we concluded that a revolving credit facility would give the flexibility needed to obtain materials without compromising cashflow. BFH provided a £50k credit limit that the client was able to drawdown as and when needed.

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In an ever-changing world, let Business Finance House be your constant. Our team of experts are on hand to provide your business with the most appropriate funding. Quickly, efficiently, effectively.