Helping a multi-site bathroom retailer improve cashflow and support expansion
Growing a retail business often requires balancing day-to-day cashflow with investment in future opportunities. Existing borrowing can sometimes make that difficult, particularly when repayments restrict a business's ability to recruit new staff or expand operations.
A multi-site bathroom showroom retailer was facing this challenge. The business had ambitious plans to grow, including recruiting additional team members and opening a new showroom, but high repayments on an existing funding facility were creating pressure on cashflow.
The Challenge
The retailer had built a successful business across multiple locations and was preparing for its next phase of growth. However, repayments on an existing facility were limiting cashflow and making it more difficult to invest in expansion plans.
The business needed a funding solution that would reduce financial pressure, improve affordability and provide the flexibility required to move forward with confidence.
They needed:
- A more affordable funding facility
- Refinancing of existing higher-cost borrowing
- Improved cashflow management
- Funding to support recruitment and a new showroom opening
The Solution
Working with Phil Coates, one of UMi Get Funding's experienced business funding advisers, the retailer completed a full review of its financial position, existing borrowing arrangements and growth objectives.
UMi Get Funding explored a range of options before identifying an unsecured business loan that aligned with the business's priorities. The recommended facility enabled the business to refinance existing debt, reduce monthly repayment pressures and secure funding to support its expansion plans.
The recommended facility offered:
- No early repayment charges
- Refinancing of existing higher-cost borrowing
- Improved affordability and cashflow flexibility
The Outcome
The business secured a six-figure facility, enabling it to:
- Clear existing expensive debt
- Improve day-to-day cashflow
- Recruit new members of staff
- Progress plans to open an additional showroom
By replacing its existing borrowing with a more affordable facility, the retailer reduced pressure on cashflow and created the financial flexibility needed to invest in future growth.
What the client said
"After searching for business funding in 2025 online, actually meeting a genuine person face-to-face was a breath of fresh air. The business funding world feels really difficult to navigate unless you are really well established with a large amount of financial headroom. Using UMi and Phil will definitely be my first point of call in future."
Facing similar challenges with existing borrowing or cashflow?
Talk to Phil Coates and the UMi Get Funding team today to explore your options.