Kladworx LTD secures £50,000 to support company growth Kladworx LTD, an external façade specialist company founded in 2019, successfully sought a £50,000 advance through Satago. They will use funds to scale the business and fund future contracts.https://assets.website-files.com/5eeb8a768672f32cf7efbdb5/5f770c546be43fd9adcc45e9_misc_kladworx.jpg

Finance

Kladworx LTD secures £50,000 to support company growth

October 2, 2020
Kladworx LTD secures £50,000 to support company growth

Kladworx LTD is an external façade specialist company founded in 2019. Their areas of expertise include rainscreen estimating and sales management, supply of material to construction customers and marketing and branding.


The company is run by Peter and Katy Overton, who have 24 years in the sector with an extensive skillset including contract negotiation, fabrication, commercial sales, procurement and design.  



The company required working capital in order to ease cashflow, fund future contracts and achieve growth forecasts.  

The couple were impressed by Satago’s software and product and requested a £50K single invoice finance facility, which was accepted. Peter Overton commented:

“I’ve used invoice factoring in the past, but found it inflexible. So when we were on our search, we wanted a system that would be versatile and that was moving with the times.  We found Satago through a financial broker and found their fees and customer service to be excellent. We soon had the account set up, and were financing our first invoice, which it must be said was in our bank within hours of approval.  The transparency of fees really helps simplify the process, giving you the feeling that you're in good hands with Satago”.


This deal was leveraged by Shaun Elliot of B2B Finance Brokers.