A professional audio visual services company
Revolving Credit Facility
Cream AV is a professional audio visual services company based in Salford, Manchester. They seamlessly integrate technology at your fingertips or from your lips, both on land or at sea.
They offer services including:
Integrating Technology Into Your Work Space - As an integrator Cream AV has a wealth of knowledge and experience working with the largest principle contractors in this sector of the construction industry. Delivering projects for some of the biggest institutions including HSBC, Barclays, Bloomberg, Google and CITI, they have also completed many smaller whole floors or sections of buildings, multiple room projects and single room; Boardroom, meeting room, video conferencing projects. As well as the different room type requirements they can also provide more building wide services; IPTV, structured cabling and lighting control.
With over 20 years experience working in this sector they have gained a wealth of knowledge and continue to expand their knowledge to incorporate the latest technologies.
Residential Highend Bespoke Projects To MDU’s - Cream AV has a wealth of experience of working in the different sectors of the residential market. Whether your project is a one off bespoke development, or a large scale MDU (multi dwelling unit) project or anything in between, they are uniquely placed to help deliver your project in a very pro-active, no fuss way.
Consulting - Cream AV always starts with a conversation to eek out the client’s requirements. They help to build a picture and help create their clients vision. Whether it be a new land or marine based project or a refurbishment they are able to work closely with the client to establish a brief; their vision and needs. From concept to delivery they take care of the project every step of the way.
Rene Lacopini, Director, explained to us that as a relatively new business it was essential to gain orders and have the ability to service them with speed and professionalism. Due to being in the start up phase of business, whilst there were many funders in the markets place, it was difficult finding the right lender to suit their needs. He explained that as a business they had spoken with many lenders but couldn’t find the right solution for their needs. They had considered invoice financing, however, this form of finance appeared complicated and did not suit their business at that time.
It was after a conversation with Jamie Davies, Business Growth Manger of Just Cashflow it became apparent that not only did Just Cashflow have the funding solution to fit their requirements, but that Jamie also understood the business needs and the flexibility that was required. Cream AV had received an order worth £150,000 and required working capital to facilitate the project. The company had secured the contract, however, the payment terms to the customer were 60 days with staged payments. Funding was required in order to purchase the equipment required to fulfil the order.
When asked about the Just Cashflow solution Rene explained that a £25,000 facility was put in place, as they required £15,000 immediately and want to have access to additional funds should they require it, noting that the team had worked incredibly to hard to ensure the funds were put in place quickly and he had immediate access.
Rene went on to say that the key to working with Just Cashflow was the ease of how the costs and the process and facility worked, noting that all the information including how the debenture worked was fully explained.
The company later required an additional £3,000 of funding and having the cushion of £15,000 meant that they had peace of mind that they could access the funds with no problems or further form filling. The ability to access the additional funding also provided them with the confidence to actively source further orders in the knowledge that they had the funding to purchase material and equipment. Rene explained that “The key is the flexibility in finance and the ability to access funds – dip in and out, only being charged on what is required rather than a loan where you can find yourself paying interest on money that isn’t really needed.”
When asked about using the Just Cashflow service Rene explained to us that he found the whole experienced excellent. He went on to say that the service he has received and knowledge of the team was “really super helpful” and all the people he had dealt with were “really understanding”. Rene explained that Jamie Davies, had contacted him and was proactive in seeing how Just Cashflow could help his business in the early stage of growth. He went on to say that “the understanding of the urgency of the funds was excellent”. Just Cashflow aims to expedite applications to fulfil the requirements of our customers needs. We understood that it was essential that Cream AV had the funds in order to purchase the equipment required to fulfil the substantial order that had been placed with them.
When asked if Cream AV would use Just Cashflow again, Rene replied with “Yes – most definitely.” He also forwarded the following comments via email “Please can you accept this email as a way of gratitude to the Just Cashflow Team. I was under a lot of pressure to get the funds into my account in a very short turn around – just a few hours from signing your documents. The effort from the team and the guidance and understanding of my situation was greatly appreciated”Who have we funded?
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