Business is growing at B2B Cashflow Solutions which specialises in finding cash for businesses, and restructuring existing funding for companies to reduce debt burden and improve cash flow.
Launched in 2006 by directors Ian Hart, Nick Flower and Simon Reynolds, who between them have nearly 90 years commercial finance and business banking experience, B2B Cashflow Solutions is an independent commercial finance brokerage and consultancy which has developed a range of products and services to accommodate the whole-life finance cycle needs for UK businesses.
The company aims to deliver these solutions, often where traditional mainstream funders have failed, through its network of hand-picked Agents, and works closely to support its banks relationships and other professional partners.
Recent successes range from delivering funding within a £2.6 million project to build an anaerobic digestion plant for Muntons Plc’s maltings facility, to sourcing the investment which facilitated the management buy-in of Quinto Crane and Plant Ltd, a leading crane hire company.
Products include asset finance, fundraising against existing working assets, invoice finance, unsecured business loans, commercial mortgages, grant funding, and research and development relief. The company has also developed its own financial health checks to help business owners reduce debt and improve cash flow.
In recognition of its development, B2B Cashflow Solutions has been a finalist in the Business Moneyfacts Awards for the past four years, and this year achieved a ‘Highly Commended’ Award for ‘Best Asset Based Finance Broker’ 2015.
Based at Framingham Pigot just outside Norwich, the firm is one of the first credit brokers in the UK to become authorised and regulated by the Financial Conduct Authority.
To the end of May this year business had already grown by 19 per cent compared with the whole of last year and has supported reinvestment in upgraded IT and telephone systems, appointing a new office manager, and ongoing recruitment of apprentices and experienced professionals to the team.
Simon Reynolds commented ‘Our current year performance is by far our strongest of our nine year history, representing lending and delivery of other financial projects with a value in excess of £30 million. We believe this is bridging a substantial ‘gap’ where our banks and other traditional lenders have been unable to support their local businesses customers.’
‘Our strategy is to increase our geographical network of Associates across the UK to realise our growth aspirations’