A Worcestershire-based civils company has secured a five-figure Revolving Credit Facility (RCF) through Navigate Commercial Finance to support a significant new contract.
The business, which was already trading successfully, has been awarded a major twelve-week project that represents a substantial step up in scale. While the contract offers favourable payment terms, the requirement to pay subcontractors fortnightly and cover upfront material costs created a risk of working capital stretch during the intensive delivery period.
Our team identified a Revolving Credit Facility as the most suitable solution. Operating like a flexible overdraft, the RCF allows the company to draw down funds only when needed during cashflow pinches and repay quickly when in surplus — without any non-utilisation fees or heavy administration.
We secured a lender experienced in the civils sector who fully supported the company’s growth plans and was comfortable with the short-term nature of the contract. From initial introduction to funds being released, the entire process was completed in just two weeks.
This light-touch facility has given the business the confidence and financial flexibility to deliver the contract successfully and continue its upward trajectory without cashflow concerns holding it back.
A straightforward funding solution that has enabled the company to take full advantage of its latest opportunity.
