Finance Alliance Supporting Midlands Manufacturers - News Article Birmingham : Advantage Consulting

Finance Alliance Supporting Midlands Manufacturers

Three local companies have joined forces to help manufacturing firms in the Midlands.  This new alliance means that manufacturers can improve their cashflow, claim R&D tax credits from HMRC and achieve solid financial control all through one connected service.

Advantage Business Agency, Business Solutions (Midlands) and The Debt Recovery Bureau specialise in supporting manufacturing businesses.  It is through understanding the industry and the challenges manufacturing firms face which make it possible for these three companies to achieve optimum results.  For example, Business Solutions is comprised of scientists and engineers who, through understanding the manufacturing industry, make successful R&D tax credit claims which are 30% higher than the national average.   

The Debt Recovery Bureau specialises in collecting late and bad debt for manufacturers.  They have a well-established reputation for effectively managing the debt books for a range of firms across the Midlands and UK since 2003 and offer a no fee service on business-to-business debts.

Advantage Business Agency has worked with manufacturing firms across the Midlands for the past 8 years.  As well as providing a full accountancy and tax service they also supply the strategic reports, budgets and cashflow projections that manufacturers need when looking at expansion projects such as investing in new equipment, employing new people, buying new premises etc.

Denise O’Neill, Director of Advantage Business Agency said “This alliance gives manufacturing companies a rounded finance service.  It ensures that MDs can make the best decisions around expansion using sound financial information and then fund their growth projects through R&D tax credit claims and by collecting any outstanding trade debt.”

The group are talking to their existing clients who seem to think they have got it right.  “Our clients are telling us that this is a combination of financial services which will help them effectively move forward.” added Mark Paul, Director from Business Solutions.

The new alliance prides itself on its focus and specialism.  “It is great to be working in tight cooperation with so much expertise to help manufacturing firms in the Midlands” said Neil Bowler, Partner at The Debt Recovery Bureau.