How a demolition contractor used Debtor Finance and Debtor Insurance to clean up his cash flow stress and grow the business.
A contractor – let’s call him Darren – runs a demolition contracting business Business was going great—well, almost.
While the work was steady, the cash gap between his costs and his payments was a massive problem that kept him up at night.
Darren was stuck in classic Cash Trap. He had to pay his team, rent for machinery, and fund material costs long before his clients—builders—would pay their invoices. And we all know that builders tend to delay payments, right? 🏗️💰
This cash gap was starting to choke Darren’s business and his ability to grow it – seriously. He was constantly juggling bills and trying to make ends meet while waiting for his customers’ payments to roll in.
The stress of balancing his cash flow was affecting his ability to focus on growing his business, keeping his team paid, and staying on good terms with essential suppliers.
That’s when Darren was referred to Martin Cattach at Finance for Business. Martin used his expertise in business management and working capital strategies to examine Darren’s situation. He immediately identified his cash flow bottleneck and it’s solution – Debtor finance.
Here’s how Debtor Finance worked to increase Darren’s business impact:
🔹 He had immediate access to cash – because with debtor finance, Darren could unlock 80% of the cash tied up in unpaid customer invoices, giving him the liquidity to pay wages, rent, and materials without delay.
🔹 Risk management—Martin also recommended that Darren insure against customer defaults as part of his Debtor Finance package – so he wouldn’t be left hanging if a client didn’t pay.
The result? Darren’s demolition business – and his stress levels – quickly saw a transformation:
✔️ Steady cash flow – No more sleepless nights. Darren had the cash to cover his expenses on time, every time.
✔️ Peace of mind – With insurance in place, Darren was protected from the risk of customer defaults – growing in a troubled construction industry.
✔️ Focus on growth—Freed from the stress of financial gaps, Darren could finally focus on growing his business and confidently taking on more projects.
Darren’s business is now in a strong position, thriving with consistent cash flow and fewer financial risks. All thanks to smart strategies and the right advice from Martin. 💡✨
