A Wolverhampton-based start-up manufacturer specialising in plastic recycling has secured a six-figure Invoice Finance facility through Navigate Commercial Finance to fuel its ambitious expansion.
The business takes waste plastic and processes it into high-grade flakes and pellets, supplying manufacturers who produce food packaging and bottles. Although the company launched with strong capitalisation, the board wanted its working capital to become fully self-sufficient to support sustainable, independent growth.
Introduced by their bank — which could not accommodate the speed of the company’s development — the management team met with our specialists. It was evident that rapid revenue growth would create significant working capital pressure. Invoice Finance was selected as the most suitable solution, as it provides immediate cash against invoices, handles day-to-day cashflow demands, and automatically scales alongside the business.
We secured a forward-thinking lender comfortable backing start-ups with high customer concentration. The facility offers the flexibility to increase the funding line in line with rising sales.
This new funding structure has enabled the business to maintain strong momentum, operate self-sufficiently, and continue scaling its vital contribution to the circular economy and sustainable packaging sector.
