businesses. The challenge that they faced is not uncommon for many companies growing rapidly - balancing long-term profitability with the need for short-term cash. We could see that the underlying business was strong and were able to use our network of investors who know our track record to provide capital that the business could not source on its own."
"They then asked us to continue to work with them to ensure their future expansion delivers both the profits and the cash needed." In the words of our client: " I was extraordinarily impressed by the speed and effectiveness of Hyde Consulting and their associates in resolving what has been a long and seemingly intractable issue. In today's business climate, I had come to regard the endless delays as inevitable, but I have now seen that there is no inevitability about it at all, and that speed is possible." "They achieved more in nine days than my assorted advisors had previously achieved in two and a half years. It was a breathtaking ride!"
The client was introduced to Janus Venture Finance partner Hyde Consulting to help generate additional working capital.
Janus director Colin Ellis developed a financial plan for the business and used their network of private investors to secure a £350,000 loan. Colin then worked with their bankers to put in place new banking going forward.
The Hyde team has subsequently continued working with the client to upgrade financial systems and assist in developing the firm further. |