Tip Top Service Centre | Invoice Finance Case Study | Zodeq
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Case study

Tip Top Service Centre

Our client

Tip Top Service Centre is a North Wales based, family-run garage, offering MOTs, servicing, repairs and bodywork. Established in 2012, the service centre boasts the title of the first Raptor Coatings approved centre within the UK.

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The issue

Following a period of sustained growth, Tip Top Service Centre moved to a larger site. In just two years, the team grew from 3 to 15 employees and their client base expanded significantly. As a result of this the business required assistance to support this rapid growth and manage their cash flow effectively.

 

The solution

We worked alongside Wirral based finance brokers, Bathgate Business Finance, to source the ideal solution for Tip Top Service Centre. Following a comprehensive review of the business’ current finances, its rate of growth and the ideal cash flow situation to sustain this growth, we implemented a £25k invoice finance facility.

The result

Having previously not been aware of the options available to the business, Pam Worley from Tip Top Service Centre has praised the finance facility as having opened up many more commercial opportunities.

Since the facility was implemented, Tip Top has been able to scale up its operations, with the additional cash flow they receive providing the vital working capital needed to take the company into the next phase of its growth.

Speaking of our work alongside the business, Pam has said:

We knew about invoice financing from the years that Paul worked for large companies, but we thought we were too small to be eligible for such a facility. The professionalism and care demonstrated by Bathgate and Zodeq, has been fantastic and we’re delighted with the outcome.

Are you looking to scale up your business with the right finance facility?

Contact our team today for more information on how we can support your business.