Ultimate Finance delivers £1m invoice finance to unlock growth for Blackhall & Powis
The funding supported cashflow and payroll as the business continues to expand.
Ultimate Finance has provided a £1m invoice finance facility to Blackhall & Powis Ltd, a surveying specialist based in Scotland and introduced by Two Business Finance.
The funding has supported cashflow and payroll as the business continues to expand.
Blackhall & Powis plans to quadruple in size in the coming years, so needed a flexible funding partner able to deliver a solution that matched their ambitions.
Alex Russon, regional director at Ultimate Finance, said: “Blackhall & Powis is a high-quality, fast-growing business – but like for many service-led companies, cashflow pressure builds up each month despite growing sales.
“They needed a working capital solution that would keep pace with growth and protect payroll month after month.”
Working with Two Business Finance, Ultimate Finance structured the facility to release cash tied up in the sales ledger, providing scalable working capital.
Robert Perrie at Two Business Finance said: “Two Business Finance have worked with Blackhall & Powis and the owner John for over five years.
“In that time, we have supported their growth from £1m to £10m turnover.
“Having projected the business growth for 2026 and beyond we could see the requirement for a cashflow facility.”
Perrie added: “Working with Alex for the past 10 years and trusting him implicitly, we approached Ultimate Finance with no hesitation.”
Russon said: “We never start by thinking ‘this is just another Invoice Finance deal’.
“Where some lenders may use algorithms to quickly assess eligibility, we take the time to properly understand the sector dynamics and the specifics of the business – then work through them with the client and the introducer, step by step, to tailor the right funding.
“It’s unusual in our industry to have direct access to specialists beyond the regional director so early.”
Russon added: “But that’s exactly how we work at Ultimate Finance – legal, credit and client management all engaged directly with the client to keep momentum and build confidence.”
Perrie said: “What impressed us most was their collaborative approach: Alex first met with B&P the week in-between Christmas and New Year (when most finance companies are closed) to understand the business.
“We then got a clear roadmap from Alex regarding possible credit hurdles – so there would be no surprises down the line.
“Most importantly, during the process a senior credit underwriter joined in personally to sign off the deal.”
Perrie added: “Most finance providers offer little credit support on getting a deal done and it can often feel like a blocker.
“But with Ultimate Finance, it felt like we were all working together as one.”
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