From Cashflow Pressure to Business Growth: £140,000 Funding Secured
The Challenge
Our client was looking for £70,000 in funding to help clear a backlog of wages and ease cashflow pressures within her supported living business.
With the business needing greater financial stability, she also had plans to expand by opening an additional supported living home. However, managing the immediate cashflow requirements while preparing for future growth presented a significant challenge.
The Solution
After understanding the business and its future plans, Hammond Rock secured £140,000 in funding – double the initial amount requested.
This provided the business with the working capital needed to address the outstanding wage commitments and strengthen its cashflow, while also giving our client the funding required to purchase a new property for an additional supported living home.
The Result
The additional funding gave our client the breathing space to deal with immediate financial pressures without putting her longer-term plans on hold.
With £140,000 secured, she was able to:
- Address the backlog of wages
- Improve the business’s cashflow position
- Purchase a new supported living property
- Take the next step towards expanding the business
The Hammond Rock Difference
Rather than simply finding funding to solve the immediate problem, we looked at the bigger picture — understanding what the business needed now and where the client wanted to take it next.
By securing additional funding, Hammond Rock helped turn a short-term cashflow challenge into an opportunity for long-term business growth.
From Cashflow Challenge to Expansion
Rather than simply finding funding to solve the immediate problem, we looked at the bigger picture, understanding what the business needed now and where the client wanted to take it next.
By securing additional funding, Hammond Rock helped turn a short-term cashflow challenge into an opportunity for long-term business growth.