Computer experts meet finance experts

Computer experts meet finance experts

No job too complex
Hilton-Baird Collection Services
Computer experts meet finance experts

As the complexity of technology increases, businesses in this sector need to be more responsive and flexible to the needs of their customers.

A London based technology consultancy had cornered the market in technical expertise in software development and with a database of well respected experts; the turnover had developed significantly and at high speed.

This meant development of a wider range of services, many of which were based on short-term contracts with complex mile stones payments. The company would hire out teams of experts to complete technology projects, ranging from software development to helping to develop sophisticated computer networks to integrate into existing systems.

The nature of these new short- term contracts caused the incumbent finance provider some discomfort and, with the support of the client and the funder, Hilton-Baird Financial Solutions were engaged to source a new funding partner, who would be happy to provide finance at the right level against invoices for complex transactions.

Hilton-Baird Financial Solutions assisted the company with some minor legal changes that would give a new financier the right level of comfort and security over the receivables, appraised the business, reviewed their financial performance and considered their future plans to ensure that the new finance facility would meet the requirements of the company into the future.