Growth often requires investment, particularly when a business is expanding its team and building capacity to meet increasing demand. Finding the right funding solution can help businesses strengthen cashflow, simplify existing borrowing and create the foundations for sustainable growth.
This was the challenge facing a growing energy consultancy that wanted to expand its team, increase sales capacity and establish a presence in a new location.
The Challenge
The business had built a strong reputation within the energy sector, supported by a growing client base and recurring income from monitoring and procurement contracts.
With demand increasing, the directors had identified an opportunity to recruit experienced professionals and establish a new sales team. However, existing borrowing arrangements were creating unnecessary pressure on cashflow and limiting the headroom available to support growth.
They needed:
Additional funding to support expansion plans
Improved cashflow and financial flexibility
A more structured approach to existing borrowing
Competitive funding terms
A solution that could support long-term growth
Without access to a broader range of lenders, the business faced higher costs and limited options for funding its next stage of development.
The Solution
Working with Dave Jones, Business Funding Adviser at UMi Get Funding, the business reviewed a range of funding options from across the market.
More than a dozen lenders were considered, comparing affordability, repayment terms and overall suitability. While several funding options were available, many were either unable to support the business on suitable terms or proposed significantly higher costs.
Following a detailed review, Dave identified an unsecured business finance solution that offered the strongest combination of flexibility, affordability and speed.
The recommended facility offered:
Funding to support business expansion
A 60-month repayment term
Competitive market terms
No early repayment charges
Additional flexibility to support future growth
The Outcome
The business secured a five-figure sum that enabled it to:
Strengthen cashflow
Support the creation of a new sales team
Establish a presence in a new location
Create additional capacity to meet growing demand
By securing the right funding solution, the business was able to invest in experienced talent, strengthen its operational capacity and build a platform for future growth.
Facing similar challenges with growth funding or cashflow?
Talk to Dave Jones and the UMi Get Funding team today to explore your options.