A man holding up a piece of a ventilation machine

05 May 2021 / Loans

Better Indoors chase Covid prevention contracts with Time Finance funding

Better Indoors, an indoor air quality and ventilation specialist, are delighted to have secured business funding from Time Finance to service rapidly increasing demand for active air cleaning solutions.

Driven by the easing of lockdown restrictions, a variety of businesses are getting ready to bring employees back into their workplaces. Better Indoors will use the funds to support the sharp growth in demand for their unique air cleaning solutions that prevent the spread of COVID-19 in commercial premises. With customers ranging from hospitals, schools, offices and industrial premises, all seeking to provide confidence to their employees for a safe return to work, demand for their solutions has increased exponentially.

In order to keep up with the momentum of growing contracts and increased demand during the pandemic, they approached financial intermediary ACF Direct for a funding solution to optimise cash utilisation and facilitate growth. Having understood what Better Indoors were trying to achieve, ACF recommended Time Finance who they have worked with for many years.

Carol Roberts, Director at Time Finance, said: “As the UK returns to their workplaces, employers will want to instil confidence and ensure peace of mind that their employees can return safely to indoor spaces. Better Indoors are in a great position to capitalise on this market demand. We were more than happy to facilitate the request for this exciting business.”

Time Finance, the specialist Aim listed finance provider to UK Businesses can deliver a range of funding solutions to support business growth – from invoice finance, asset finance, vehicle finance and loans. ACF and Time Finance worked to deliver a solution to support Better Indoors business objectives.

Andrew Hobbs, Managing Director at Better Indoors, added: “Our funding solution with Time Finance allows us to optimise our cash whilst adding to our inventory and helping to support our rapid growth which we expect to accelerate in the coming quarters. We can’t thank ACF Direct enough for the introduction.”

Time Finance work alongside a range of financial advisors with the collective aim of resolving funding challenges and supporting the growth of UK businesses. They have a long-standing relationship with ACF Direct based on delivering a service which meets both ACF’s and their clients’ expectations.

Jerry Riches, Associate Director at ACF Direct, said: “Better Indoors was a fantastic client to work with. Once I had spoken with Andrew to understand his business, I knew that Time Finance would be an ideal option. I have partnered with the team at Time Finance before, and they have always delivered exceptional service. It’s fast, personal and reliable, so I knew Better Indoor’s business was in safe hands.”