Challenge:
Solution:
Guidance on using receivables
Funding:
AED 4,500,000
RESULT:
Neutral Fuels approached Halliday Growth and sought guidance on using receivables to overcome the medium-term cash flow issue to support the business. Some of the faster-growing receivables were acquired by Halliday Growth, releasing much-needed cash that would otherwise have been tied up in working capital.
This has significantly increased the company’s UAE sales, a record of delivery, positive impact on the environment, credibility in the market, and, of course, profits.
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