A well-established engineering company in South Wales approached MacManus Asset Finance Ltd to review their existing invoice finance facilities.
Operating in a competitive and cash-intensive sector, the South Wales business delivers high-quality engineering services to a loyal customer base. As order volumes increased, so did the pressure on working capital.
The company required a structured invoice finance solution that would support ongoing growth without restricting operations.
The Challenge
Like many engineering firms in South Wales, the business faced the common challenge of delayed customer payments. While revenue was strong, outstanding invoices were tying up valuable cash flow.
Their existing commercial finance arrangement no longer reflected the scale of their turnover. Limited flexibility meant the facility was not increasing in line with business growth.
With only a small number of lenders specialising in invoice finance for engineering companies, securing the right business funding required sector knowledge and access to the appropriate funders.
The client needed:
- A specialist invoice finance provider
- A scalable facility aligned to turnover
- Improved cash flow to support daily operations
- A structure that complemented their wider commercial finance strategy
The Solution
MacMaMacManus Asset Finance Ltd conducted a full review of the South Wales company’s existing invoice finance structure.
As an independent broker with access to over 60 funders, we identified a specialist lender experienced in supporting engineering and manufacturing businesses. The chosen provider understood the nuances of the sector, including contract structures, debtor profiles, and growth projections.
We introduced the client to a well-established invoice finance funder from our panel. Following assessment, the lender structured a facility designed to release working capital against unpaid invoices while allowing the funding line to grow alongside turnover.
This tailored invoice finance solution provided:
- Ongoing access to working capital
- A facility linked directly to sales ledger value
- Flexible terms aligned to projected growth
- A structure that complemented other asset finance and plant and machinery finance arrangements where required
Throughout the process, we managed the introduction and funding discussions, ensuring a smooth transition from the previous provider.
The Outcome
ThWith the new invoice finance facility in place, the South Wales engineering company unlocked the working capital tied up in outstanding invoices.
The improved cash flow allowed the business to:
- Maintain operational stability
- Continue delivering outstanding service levels
- Support future expansion plans
- Strengthen overall financial flexibility
By restructuring their invoice finance through a specialist lender, the company now benefits from a scalable commercial finance solution that adapts as turnover increases.
For engineering businesses in South Wales and across the UK, invoice finance remains a powerful business funding tool. It converts unpaid invoices into immediate working capital, providing flexibility without taking on traditional term debt such as hire purchase or leasing.
At MacManus Asset Finance Ltd, we specialise in sourcing tailored asset finance, asset refinance, plant and machinery finance, leasing, hire purchase, and invoice finance solutions for growing SMEs.
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Partner with MacManus Asset Finance Ltd, an independent broker established in 2005, helping UK SMEs access tailored finance solutions. Our friendly, professional, and consultative team works across all industries and can guide you through hire purchase, leasing, and finance lease options. With access to over 60 finance companies and full FCA authorisation, we ensure your business finds the right solution for growth.
