December Success Stories

Breathe Cashflow

Cool Runnings

Our smarter solutions just got a whole lot smarter as our December success involved a fast growing young energy solutions company that craved working capital to fulfil its buoyant order book. With a limited trading history and financials yet to reflect its potential we worked hard at negotiating and ensuring the most supportive and responsive funder at this most pivotal stage of our client’s development.

Shining Light

It was particularly humbling to round off our year with one of our retained clients choosing to fulfil its short term funding requirements with a highly portable solution allowing them to light up their cashflow by selling one or two larger invoices on our recommended online platform. A straightforward, uncomplicated and simple process meant they avoided any seasonal pressure on working capital.

Two down, one to go!

Breathe Cashflow

We have now completed two of our three race events from our sponsored Winter Trail Series, and we have been thrilled with the support from our Barclays colleagues who have pushed us all the way along the first two races! Thankfully everyone is still in one piece and we have thoroughly enjoyed the festive atmosphere, the stunning Berkshire countryside and the terrain challenges that we have faced during the series. The races have been impeccably organised and so well supported with runners, families and able volunteers. Thank you to everyone who has taken part. Your competitive energies have been awesome. We have climbed a few hills, covered a huge expanse of wood and farm land and got to grips literally with our fair share of mud and ice. Now we are looking forward to a well-earned rest and plenty of festive excess before the flagship event ‘The Gut Buster’ on New Year’s Eve. For some reason we have opted for the ten mile version of this race so wish us luck!

Technologic

Breathe Cashflow

If anyone has ever listened to the opening 15 seconds of Daft Punk's 2005 release, it provides us with a soundtrack to the frenetic and uncompromising way technology is disrupting our industry sectors, most notably the business finance arena which is undergoing rapid transformation these days.

So on 1st November 2016, when the long awaited bank referral scheme to finance platforms was launched by the Government backed British Business Bank which now obligates banks to refer declined businesses to designated online platforms, we all Breathed a collective sigh of relief that the beat of the alternative finance drum just got a great deal louder. Surely this is a good thing? After all with over 5m SME's in the UK and 20% looking for funding at any one time, having a mechanism to obtain access to the myriad of competing business finance options should be a sure fire way to stem the wave of discouraged demand from business owners that often arises when their bank say no. And all of this can be done online in a cloud based way that makes it so comfortably portable and simple. What is there not to be liked?  SMEs are about to get lucky.

We are all about tech here at Breathe and our ability to source smarter working capital solutions is built on the premise that today's savvy business owners need fast, uncomplicated solutions right here right now. These folk act more like consumers than ever before and to make their discernible choices they need a form of guidance that, call it old fashioned, can only be achieved through combining this superb technology with a careful and measured relationship approach. One that we, here at Breathe like to think that we are particularly good at.

So it's a resounding YES from us for the new portal initiative and all that it brings, reaching out to a greater SME audience, but having professional human interaction to help navigate and steer a business to its required funding solution should never be overlooked. 

For more information on the new online referral system

http://british-business-bank.co.uk/bank-referrals/