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Inspired Cashflow releases the financial burden for Health Personnel

Inspired Cashflow releases the financial burden for Health Personnel

Health Personnel is a nursing and domiciliary care agency that provides staffing solutions to clients nationally, supplying both institutional and individual clients with well qualified, reliable, and only the best matched nursing, midwifes and care staff.

Health Personnel came to Hitachi Capital Invoice Finance in September 2012 to use the new Inspired Cashflow product to help them free up vital cash flow funds. This being a simple invoice factoring product allowed them to free up cash tied up in their invoices for just one fee - meaning there's no hidden costs.

The challenge

  • Health Personnel were facing was that that their customers were taking on average 30 to 45 days to make payments, making cash flow very tight. With wages and bills to pay in that same period the Health Personnel team found that their cash flow wasn’t able to stretch.

    Health Personnel had never used an overdraft facility before and were unsure if using one would be right for them, so they wanted to try out a different service which would better suit their needs – so they turned to Hitachi Capital’s new ‘Inspired Cashflow’ product.

    Delivering results

    Health Personnel state that Inspired Cashflow has improved their cash flow and means they can pay their bills and wages on time without the worry of being chased for payments.

    Paul Onyemenem, Director, says: "The service we get from Hitachi Capital is fantastic, we couldn’t be happier. What we find works really well for us is the speed of the transactions; we send invoices and receive funds on the very same day."

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