Keep on trucking

Keep on trucking

Smooth and prompt transfer
Hilton-Baird Collection Services
Keep on trucking

After feeling the strain of a competitive market, a national haulage company attempted to reduce its costs with temporary staff replacing permanent more experienced staff. This ultimately led to a number of administrative errors, which were reflected in the invoices and the company. Errors were such that their reporting no longer supported their Invoice Discounting facility.

The situation became critical and it was apparent this company required more support at that time.

It was clear that the company needed a tailored facility that would provide them with the sales ledger support they very much needed, to enable them to focus on the sales and moving the business forward. The company would also need close care and guidance – by way of a full ledger credit control service was also required to ensure prompt recovery of outstanding invoices.

Hilton-Baird Financial Solutions profiled the company and introduced a specialist lender that could achieve all the requirements of the business and presented a full case to the new finance company to ensure swift and decisive underwriting. This ensured the transfer was completed promptly, allowing the company the freedom to focus on growing their business in a competitive environment and their prior funders regained their peace of mind.