A Worcestershire-based national contract flooring specialist has secured a six-figure Invoice Finance facility through Navigate Commercial Finance to deliver a prestigious new contract.
The company, which supplies and installs commercial flooring including tiles, vinyl, and specialist surfaces — primarily for the leisure sector — won a significant project to fit flooring across multiple sites for a national casino operator. The contract required substantial material purchases within a tight six-week window, despite a 12-week lead time before invoicing customers.
Introduced by their accountants, we met with the Managing Director to fully understand the business and the specific funding challenge. A Confidential Invoice Discounting facility was identified as the optimal solution, enhanced with bad debt protection to mitigate the risk associated with the high customer concentration.
This structure provided immediate access to working capital while maintaining confidentiality with customers. From initial introduction to funds being released, the entire process was completed in 10 weeks.
The new facility has enabled the business to confidently fulfil this high-profile contract and continue its strong growth trajectory within the commercial leisure flooring market.
A excellent result supporting the expansion of a skilled local Worcestershire company delivering quality installations on a national stage.
