Mr C R – Northamptonshire
Mr R approached us to see if we could help in his situation. Due to a few non-paying clients and a poor-quality material sale from a timber yard, Mr R ended up with three County Court Judgements, one for circa £2000.00, one for £600.00 and one for £800.00. First, we acted on the client’s behalf and contacted each of the creditors and set-up agreed payment plans for him. We then sourced a relevant Lender and they agreed that if Mr R had entered a payment plan then they could look at financing. We were able to raise not only the outstanding creditor amounts but additional finances to ensure working capital in the business moving forward. This of course instantly improved the health of the business and the client is actively working to improve their credit profile in a more manageable way whilst continuing to grow the business.