A growing West Midlands construction company specialising in the supply and laying of bricks for new house builders has secured a six-figure Revolving Credit Facility (RCF) through Navigate Commercial Finance.
The business required a light-touch funding solution to support fortnightly subcontractor payments while operating on 45-day debtor terms. Although the company already held sufficient cash in the bank for day-to-day working capital, directors wanted readily available headroom for peace of mind during periods of rapid contract delivery.
A Revolving Credit Facility was identified as the ideal option. Operating similarly to an overdraft, it allows the business to draw funds only when needed in line with working capital cycles and pay interest solely on the amount utilised.
Our team utilised our strong network of specialist lenders to secure a flexible, low-administration RCF. The entire process from introduction to approval was completed in just 72 hours.
This facility now provides the company with valuable financial flexibility and confidence to take on larger developments without tying up existing cash reserves. The business can focus fully on project delivery and continued growth, knowing funds are available instantly if required.
