It is our ambition to grow the level of new business that comes from your quality introductions.
In a recent survey, many of you told us you would like to hear more from us, specifically about our products, sector and market insights, as well as the types of transactions we support. On this page, we bring you information and sources of support you may find useful to be able to better work with us and service your clients.
Product: Confidential Invoice Discounting and Cashflow Advance
Funding line: £1million CID and £250,000 Cashflow Advance
We funded the acquisition of a Midlands-based cash and carry business, using a combination of a £1m CID facility alongside a £250k advance through our Cashflow Advance solution. The two year loan with a six month repayment holiday, alongside the CID facility, enabled our client to purchase 100% of the business shares.
Product: Construction Finance
Funding line: £700,000
We supported a commercial washroom refurbishment company with a £700,000 Construction Finance facility. Our package supports the client’s cashflow, ensuring the business can continue to take on new and larger contracts to drive future growth.
Funding line: £650,000
We funded a leading packaging solution manufacturer with a £650,000 Factoring facility after the client’s existing lender stopped their facility.
Product: Construction Finance
Funding line: £500,000
We funded a specialist electrical and mechanical engineering business with a £500,000 Confidential Construction Finance facility to support working capital and growth aspirations. Our client chose to work with us because of our specialist knowledge and experience within the sector, and our ability to fund various types of contracts for a variety of end customers.
Product: Forward Finance
Funding line: £50,000
Sector: Security services
We supported a business providing manned security services to London’s finest restaurant with a £50,000 Forward Finance funding line. This provided the client with a cost effective solution to help them comfortably manage cashflow whilst continuing to grow the business.
Product: Confidential Invoice Discounting
Funding line: £8 million
We supported an established recruitment business through a restructure with an £8m CID facility. The business was hard hit by the pandemic and our supported enabled the management team to take the business forward, as well as secure the employment of circa 2,000 workers. We delivered a swift turnaround, beating our competition by a significant margin to win the deal!
Guide: Find out more about our range of finance solutions and how they can help your clients to thrive and grow.
Video: Kully Bargota, Business Development Manager – Construction, takes a deep dive into our specialist Construction Finance solution and how it can benefit your clients.
Guide: Read through our case studies to find out more about the types of clients we support, the relationships we build and the finance solutions we offer.
Research: SME Confidence Tracker October 2023
We regularly research UK SME owners and decision makers across a range of sectors and turnover brackets. In our latest survey, we also explored SME’s perception of their ability to access finance. It identified a growing challenge for them to do so, validating the need for us to work together to support businesses who may be seeking solutions from sources they had not previously considered.
Article: Cause and effect – SMEs and the era of rising costs
Stephen Hand, UK Sales Director, explores the key challenges and opportunities SMEs are facing going into 2024, and what this means for the kinds of strategies and solutions lenders and brokers should be looking to in the short term.
Research: Global Business Monitor
Take a look at our latest Global Business Monitor; an international survey across our nine markets showcasing business sentiment across a range of sectors. The report, which appeared in The Telegraph, also contains comments and insight from our CEO, Jonathan Andrew.
We hosted a charity poker evening at the Grosvenor Casino in Coventry, joined by a group of our valued partners. The team raised over £3,000 for Macmillan Cancer Support, half of which was the money they raised on the night, with the remainder match funded by BFS.
We were delighted to host the winners of our Rugby World Cup competition on a 3 night trip to Nice to watch two international matches. The trip provided a fantastic opportunity for us to recognise a number of our outstanding introducer partners, as well as enjoy some valuable discussions and connect with like-minded individuals.
If you are new to BFS or don’t currently have an up-to-date point of contact, give us a call on 0808 501 6619 or fill out your details below and we’ll be in touch.