Civil Engineering firm looks to invoice discounting to continue growth

Industry: Civil Engineering

Product: IDeal™

Facility size: £1,000,000

Supporting clients throughout the UK with surfacing and remedial works, the business has over 40 years’ experience in civil engineering.

Since experiencing challenges during covid-19 lockdowns, the post-pandemic recovery has been consistent. The focus is now to continue growth in the coming years.

As a result, they have chosen to switch from the use of an overdraft to an invoice discounting facility with Close Brothers. This will continue to support ongoing working capital requirements and has provided significant headroom to facilitate expansion.

When looking to grow, many companies can benefit from the added flexibility of invoice financing. With support from our team of experts we tailor solutions to meet the high expectations of our clients.