A specialist wholesaler of bespoke and standard engineering components has secured a six-figure Invoice Finance facility through Navigate Finance to strengthen its cashflow and support ambitious sales growth.
The business imports key products — including bearings, piping, and hydraulic fittings — from suppliers in China and India who require payment on order. This created significant pressure on working capital, as the company needed to fund stock purchases well before customer payments were received.
Working in partnership with the company’s accountant, we identified Invoice Finance as the ideal solution. The facility releases funds against the sales ledger as soon as invoices are raised, enabling prompt supplier payments while smoothing day-to-day cashflow fluctuations and providing headroom for continued expansion.
From the initial meeting to full facility implementation, the entire process was completed within just four weeks.
This timely funding has given the wholesaler greater purchasing power, improved supplier relationships, and the confidence to take on larger orders and new opportunities in the engineering sector.
Navigate continues to demonstrate its expertise in delivering fast, practical funding solutions that directly address the unique challenges faced by import-heavy distribution businesses.
