A long-established West Midlands wholesaler of bespoke rubber supplies to the manufacturing sector has secured a six-figure Factoring facility through Navigate Commercial Finance.
The business was introduced to us by its incumbent lender after it no longer met the bank’s updated credit criteria. Our team met with the directors to fully understand their growth plans and specific requirements from a new funding partner. It quickly became clear that professional credit control was a priority, as it would free the management team to concentrate on production, sales, and customer relationships.
We structured and delivered a tailored Factoring solution that not only replaced the previous facility but also provided a dedicated credit controller. This specialist has built strong working relationships with the company’s customers and handles collections efficiently and professionally.
The new facility has given the wholesaler improved cashflow, reduced administrative burden, and the confidence to focus on core business activities. The business can now continue its long track record of supplying high-quality, bespoke rubber products to manufacturers across the UK without funding constraints.
This successful transition highlights our ability to deliver seamless funding switches with added value that directly supports operational focus and growth.
