Leading invoice financier, Pulse Cashflow Finance, has today announced a move to larger offices in Basingstoke to cater for the needs of their growing business. The move comes on the back of an impressive year of growth which saw the firm increase the size of their client portfolio with a 38% uplift in the number of finance facilities offered to UK SME’s. An impressive growth statistic in a market where overall client numbers remains steady but struggles to keep above 1% growth.
The firm which specialises in the provision of invoice finance solutions to SMEs across a wide range of industries, including recruitment, manufacturing and distribution, attribute their continuing success to their growing reputation amongst financial intermediaries and businesses.
According to Toni Dare, managing director of Pulse Cashflow, the move was necessitated by the significant growth the company has realised in the last few years. "UK SME’s are realising the benefits that invoice finance can deliver to help maintain healthy levels of working capital. In the last 12 months, the industry has experienced a two and a half per cent increase in financial support through invoice finance and asset-based lending with an impressive £22.7bn of funding being injected into UK firms positioning this form of finance as a primary source of funding for business. Our reputation for delivering fast, transparent and fair financial solutions to our clients is growing and creating more demand for our services”.
The last 12 months have seen Pulse Cashflow secure increased funding lines and deliver a marked investment in the business with a growing number of new employees recruited. The new offices are designed to support the firms’ continued growth and expansion and provide a better work environment for current and future staff.
In addition to this, despite the business sector being shrouded with uncertainty and a lack of business confidence, Pulse Cashflow increased the amount of funding they injected into UK businesses by 25% year on year, giving their clients the all-important access to funds they need to invest and grow their businesses. Once again, this outstripped industry growth which stands at 2.5% year on year.
As Toni concludes “We have a passion for delivering the best solutions to our clients and focus on three core aspects of our service. Firstly, speed ensuring we respond to enquiries the same day, issue credit backed offers in 24 hours from credit approval and respond to client issues on the same day but normally within a few hours. Secondly, transparency in everything we do especially our pricing where our single fixed fee ensures our clients are clear about how much they are going to pay with no hidden charges. And finally, we aim to be fair in the way we deal with our clients, ensuring we all treat our clients how we would want to be treated”.
Having settled in, the business is looking forward to the next 12 months where it expects to continue on its growth course supporting UK business growth.
Pulse’s new address is Level 1, Network House, Basing View, Basingstoke, Hampshire, RG21 4HG. The company's main phone number will remain the same – 01256 976000 – as will all email addresses.