October

What Happened at Peak Cashflow in October?

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As we dive into the winter months, a quick update on October.

First of all, we would like to welcome our newest member of the Peak family, Ryan Cartwright. Ryan joined us at the start of October and has spent his first 4 weeks learning the technical aspects of the invoice finance industry. He comes from a financial services background, as he previously worked for the RBS Group. This is as well as the Staffs Chamber. He will be out and about in Staffordshire and surrounding areas in November.

He will be based in Stoke-on-Trent, developing our portfolio of clients in his business development role. As soon as he produces a suitable photo it will be on the website for all to see! I am really looking forward to working alongside him and meeting new contacts within his patch.

From a new business perspective, October has been brisk, with 5 new clients joining us.

I am delighted to see another deal completed by Nick Dunn, our Business Development Manager in the North West. So, well done Nick!

We have taken on a wide variety of clients this month, which always makes daily life interesting. From a new start recruitment agency to a specialised water treatment business, right through to an organic cider maker. A number of these clients have come from larger competitors, who have become frustrated with lack of flexibility and poor service levels.

Within the Ops team, we welcome back Marie into our credit control team. Marie worked for us at the start of Peak and has come back after 5 years. As a result, this will further bolster our absolute commitment to the highest quality service standards and one of the quickest collection periods in our industry, thus ensuring borrowing costs are kept to a minimum.

The run-up to Christmas is always very busy in Peak land. Consequently, it seems to be the time that many clients have seasonal peaks in their turnover during Q4. We are always ready to deal with their requirements and any bumps in the road that may come along. We are well established and experienced in dealing with the busy times and combine this with real flexibility to ensure the cash continues to flow.

As always, feel free to contact us with any financial needs or concerns that you may have or if you would like to discuss the services we offer.