Logistic Designs Ltd, a Nottingham-based specialist in architectural fabrication and laser cutting, has secured a vital invoice discounting facility to support its cash flow needs as it takes on a growing pipeline of work.
The Nottingham-based company, known for manufacturing high-quality steel and metal components, turned to Evolve Business Finance for support when its rapid growth created a cash flow squeeze. With suppliers requiring upfront payments and customers working on 30- to 60-day payment terms, the business faced a working capital gap that risked slowing its momentum.
Logistic Designs serves clients across engineering, rail, and retail sectors, offering subcontract laser services as well as bespoke audio-visual enclosures, such as kiosks and digital display housings. Despite being a young business, it has already established a strong reputation in a highly competitive market with just ten employees.
To keep up with growing demand, the company needed faster access to the cash tied up in unpaid invoices. Evolve Business Finance introduced a confidential invoice discounting solution in partnership with Time Finance, enabling Logistic Designs to unlock up to 90% of invoice value almost immediately.
“Evolve did exactly what we needed,” said Kim Wallis, Finance Manager at Logistic Designs. “Stef is very professional and clearly well-versed in challenges like ours. He’s a very safe pair of hands and gets things done quickly. The funding has taken a huge weight off our shoulders and means we can keep pushing forward.”
The new facility provides the flexibility to take on more orders, pay suppliers promptly, and invest in materials and talent without being held back by delayed payments.
“Logistic Designs is an interesting business with a strong future,” said Stef Radymski, Director at Evolve Business Finance.
“Its ability to manufacture everything from high-end yacht fittings to steel enclosures for ticket kiosks makes it stand out. With invoice discounting in place, it now has the financial flexibility to keep growing.”
Simon Holian, Business Development Manager for Invoice Finance at Time Finance, added: “We were pleased to support this family-owned business with its growth plans.
“Having the right working capital partner was important for the team at Logistic Designs, giving them the confidence to take on more orders and scale up.
“Stef and Evolve Business Finance quickly identified what the business needed, allowing us to deliver a solution without delay. I’m sure this is just the start of a strong partnership with the team at Logistic Designs Ltd.”
