Due to focusing on larger, higher value and profit jobs, Coconut’s sales ledger became highly concentrated, and also left Coconut with cash flow gaps due to the extended payment terms of some of their clients.
Creative Capital have been able to provide a Selective Invoice Finance facility which has given Coconut the confidence to pursue these larger contracts knowing that we are able to plug these cash flow gaps as and when there is a shortfall.
Graham Critchley of Coconut Design and Print Ltd said
“After the initial meeting with the team from Creative Capital, we moved very quickly. They understood the needs of the business and were able to be flexible enough to help. I would recommend Creative Capital to any SME who are looking to improve cash flow within their business, and also have the ability to take on large projects without any worry about how to finance them”
More information about Coconut Design and Print can be found here: http://www.coconutdap.co.uk
More information about Woods Squared Ltd can be found here: http://www.woods-squared.co.uk/
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