Commercial and residential construction.
Beech Construction specialises in the construction and project management of building projects, from extensions and solar panel installations through to complete new builds, with a team of 25.
Stephen Gill, Director, explained to us that following a scheme implemented by Manchester City Council to regenerate disused office buildings in Manchester, his organisation had purchased one of these office buildings as a conversion project to develop residential accommodation.
This was the first city centre apartment development project that the organisation had undertaken and whilst all efforts had been put in place to set targets and budgets for the project, it unfortunately went over budget resulting in a temporary cashflow problem.
The positive aspect to this situation was that all the apartments had been sold and therefore it was known that the income was secure but on completion of the project.
It was decided that the organisation needed to implement a solution to resolve cashflow issues as a fail-safe. They spoke with Just Cashflow and the Revolving Cash Facility was put in place.
This allowed for peace of mind that the project would be completed on schedule and also the purchasers of the apartments would be able to complete and move in accordingly.
Stephen commented that the process was extremely straightforward. He also noted that the speed of the process could not be faulted. The team at Just Cashflow was great; professional at all times and always there to assist at every juncture.
Without having the Revolving Cash Facility in place, Beech Construction would have had difficulty in completing the project, which would have had a detrimental impact on their business and on their customers who would not have been able to move into their new homes.
Stephen told us that his experience of Just Cashflow was of an organisation that was always flexible and professional. Just Cashflow provided a helpful and trusted service that was always prompt in responding to any query. He commented that the relationship worked as a partnership, providing a solid foundation for future funding requirements.
Whenever contracts or paperwork was received it was always tabbed, illustrating where to sign, and details such as this makes the process so much easier. He felt that the needs of the customer are always at the forefront.
Stephen added that following the experience he has had with Just Cashflow, his business will now be looking to Just Cashflow for further funding to purchase additional disused office blocks with a view to converting them into residential apartments, in line with Manchester City Councils scheme.
Stephen ended the conversation by telling us that Justin had been a pleasure to deal with. He was always prompt, efficient and professional; he always returned calls and emails and provided excellent customer service.
Yes, and he will now be looking to Just Cashflow for further funding to purchase additional disused office blocks.Who have we funded?
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