Ultimate Finance has provided a £7.5m invoice finance solution to support the UK growth of an international transport services group following its acquisition of an established client.
The funding combines a new £6m facility with an existing £1.5m solution, providing flexible working capital to support ongoing operations, new contracts and the migration of receivables across the group’s UK entities.
The group, which delivers millions of passenger journeys globally through shuttle and school bus services, sought to consolidate its UK funding under one provider for greater control and scalability.
Matthew Speed, regional director at Ultimate Finance, said: “The group is scaling rapidly, and they needed a funding partner that could match their pace.
“Our track record with our existing client, combined with our service-led approach, meant we could deliver a competitive, flexible group solution and give the team the certainty they needed to keep momentum.”
Matthew Richards, relationship manager at Ultimate Finance, added: “Having supported the newly acquired business for close to ten years, we knew the debtor book, the systems and the contract cycle.
“That insight let us shape eligibility and put in place a seamless migration plan as contracts move from one group entity to another.”
The facility provides the group with a framework to transition contracts under its new structure while maintaining liquidity and funding headroom for future growth.
Ultimate Finance worked closely with the group’s finance team to align on cashflow needs and the timing of contract migrations, ensuring smooth onboarding and integration.
Speed said: “This was a competitive process, and ultimately our experience and service standards won the day.
“We focused on a smooth onboarding, a clear migration pathway, and ongoing support from a team the client already trusts.”
With the new facility in place, the business can continue its UK expansion and invest in technology and sustainable transport initiatives as it works towards its goal of achieving net zero by 2030.
Richards added: “We’ll continue to stay close to the finance team to optimise the facility as the UK book grows.
“Our goal is simple: keep cash flowing, remove friction and back our client’s plans every step of the way.”
Ultimate Finance, part of the Tavistock Group, currently supports more than 4,000 UK businesses with flexible funding solutions.
