As a manufacturer of fire-rated doors, Sentry Doors enjoys a healthy demand for its products – especially as councils and housing associations upgrade and replace existing doors. To increase stock levels enough to meet this demand, the company was looking to borrow £150,000 over and above its existing invoice finance facility.
Unfortunately, the finance provider wasn’t prepared to provide this additional funding, so Managing Director Gordon Yates turned to Reward. We were delighted to work with such a successful, fast-growing business, and our Invoice Finance Plus is designed specifically to help companies like Sentry Doors – where a range of assets and firm indications of future sales provide security.
For Gordon Yates, choosing Reward was a key turning point: “Following our move to Reward, and with their flexibility, we are now on track to double turnover over the next 12 months.”