How a top diesel mechanic used Receivables Management Finance to get off the phones and grow his business.
Ian is diesel mechanic, a great one. His business was booming – keeping him mostly onsite fixing concrete and water diesel pumps for construction companies. He was flat out, and every job meant another invoice.
But here’s the thing: Ian’s strength was fixing engines, not entering invoices and chasing payments. He was spending valuable time and energy following up on receivables, time he could have spent earning. And making the shift between from “expert mechanic” to “debt collector” was ALSO wearing him down.
This is a common problem for many high-performing trades. You’re skilled at your work, but the admin overheads of being successful can drag you down.
That’s when Ian was referred to Martin Cattach at Finance for Business. Martin used his expertise in business management and working capital strategies to examine Ian’s situation. He immediately identified the solution to Ian’s cash flow challenges and his collections issues – a smart product called Receivables Management Finance – which combines Debtor Finance with payment admin services.
Here’s how Receivables Management Finance worked to increase Ian’s business productivity:
🔹 He had immediate access to cash – because with the debtor finance facility, Ian could unlock 80% of the cash tied up in unpaid customer invoices when he invoiced, giving him the liquidity to buy materials and pay himself what he deserved.
🔹 Outsourced payment management services – which reduced both Ian’s admin time and his stress levels – so he could spend more time working on engines, not on admin.
Ian quickly saw a transformation:
✔️ Steady cash flow – No more sleepless nights because he had the cash to cover his expenses on time, every time.
✔️ Peace of mind – With collections being professionally managed, Ian didn’t have to worry about missing late payments, or making stressful phone calls.
✔️ Focus on growth—Freed from the stress of financial gaps and admin, Ian could focus on doing more of what he was good at- and confidently take on more projects.
Ian’s business is now in a stronger position, thriving with consistent cash flow and minimal time “on the phones”. All thanks to smart strategies and the right advice from Martin. 💡✨
