Better Indoors, an indoor air quality, and ventilation company are delighted to have secured business funding from Time Finance to service rapidly increasing demand for active air cleaning solutions.
Driven by the easing of lockdown restrictions, a variety of businesses are getting ready to bring employees back into their workplaces.
Unique air cleaning solutions
Better Indoors will use the funds to support the sharp growth in demand for their unique air cleaning solutions that prevent the spread of COVID-19 in commercial premises.
With customers ranging from hospitals, schools, offices, and industrial premises, all seeking to provide confidence to their employees for a safe return to work, demand for their solutions has increased exponentially.
In order to keep up with the momentum of growing contracts and increased demand during the pandemic, they approached financial intermediary ACF Direct for a funding solution to optimize cash utilization and facilitate growth. Having understood what Better Indoors was trying to achieve, ACF recommended Time Finance who they have worked for many years.
Funding solutions
ACF and Time Finance worked to deliver a solution to support Better Indoors business objectives Carol Roberts, Director at Time Finance, said, “As the UK returns to their workplaces, employers will want to instill confidence and ensure peace of mind that their employees can return safely to indoor spaces. Better Indoors are in a great position to capitalize on this market demand. We were more than happy to facilitate the request for this exciting business.”
Time Finance, the Aim-listed finance provider to UK Businesses can deliver a range of funding solutions to support business growth from invoice finance, asset finance, vehicle finance, and loans. ACF and Time Finance worked to deliver a solution to support Better Indoors business objectives.
Optimizing inventory
Andrew Hobbs, Managing Director at Better Indoors, added, “Our funding solution with Time Finance allows us to optimize our cash whilst adding to our inventory and helping to support our rapid growth which we expect to accelerate in the coming quarters. We can’t thank ACF Direct enough for the introduction.”
Time Finance work alongside a range of financial advisors with the collective aim of resolving funding challenges and supporting the growth of UK businesses. They have a long-standing relationship with ACF Direct based on delivering a service that meets both ACF’s and their clients’ expectations.
Jerry Riches, Associate Director at ACF Direct, said, “Better Indoors was a fantastic client to work with. Once I had spoken with Andrew to understand his business, I knew that Time Finance would be an ideal option. I have partnered with the team at Time Finance before, and they have always delivered exceptional service. It’s fast, personal, and reliable, so I knew Better Indoors’ business was in safe hands.”