“Rhys – you have legendary status within the VWG office today. Many thanks for all your hard work and efforts. To be able to help us out and assist in securing cleared funds within 2 weeks of our first conversation is impressive and is a big help to the business as we work through a series of slow payments and significant retentions”.
Chris Dooling, Managing Director, VWG Mechanical Limited
Background
VWG Mechanical Limited is a mechanical engineering contractor and the Dooling family have been long standing clients of Armstrong Watson.
Why they sought to work with us?
With large balances on retention and large cashflow due to be received in November 2019, the company needed short term funding to get through this difficult period.
The company’s bankers were not willing to offer any funding due to the company being in the construction sector and this led to Chris Dooling speaking to Armstrong Watson to see if they could assist with the predicament.
What did we do?
How we did it?
We worked successfully with the client and Capitalise by:
Results
Conclusion
Through the very easy to use Capitalise platform and the Armstrong Watson/Capitalise partnership we were able to provide significant short term funding benefits to VWG Mechanical Limited.
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