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Vehicle Accident Management Service
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Scaled solution where funding has increased two-fold in 2 years
Delivering bespoke funding solutions for your business.
Vehicle Accident Management Service sector
Growth Challenge
Our client in the Vehicle Accident Management Service sector was growing rapidly but expansion was restricted by their bank's limited funding model which did not match the longer receivables period typical of insurance claims.
Funding Solution
Upstream provided a Structured Asset Based facility that funded receivables up to 365 days initially, unlocking an additional £4 million to the customer on day one. Upstream has now extended this funding period further – well beyond the standard market solution.
Upstream secured £10 million on day one with scope to double their access to funding within two years and powering a new era of growth.
This bespoke solution, based on a 20-year track record in business, has allowed for flexible and scalable funding and is successfully supporting the company's continued organic growth and future acquisition ambitions.
Upstream secured £10 million on day one with scope to double their access to funding within two years and powering a new era of growth.
This bespoke solution, based on a 20-year track record in business, has allowed for flexible and scalable funding and is successfully supporting the company's continued organic growth and future acquisition ambitions.