The Business
Thameside Fire Stopping have grown to become one of the leading fire protection companies in the
UK. Providing a range of passive fire protection services such as on-site fire protection surveys and
fire door installation, TFS have continued to expand at a rapid rate!

 

The Challenge
Carrying out fire protection services for different organisations, TFS were subject to invoice
payment terms of 60 days.

 

“When I joined the company I could see the potential for the company to grow. We were in a small office and needed to find something larger, this meant higher rents and relocation costs.” Jess Dines – Thameside Fire Stopping
To meet the demands of growth, TFS were looking for a flexible solution that would enable them to
unlock funds tied up in existing invoices as and when they needed.
The Solution
Thameside Fire Stopping knew that traditional factoring was not the route they wanted to go down
and after learning about GapCap, they realised there was an alternative solution in the market.
“I had been told to be aware of hidden charges with factoring companies and also of being tied into a contract that is hard to exit. GapCap have proved this to be totally wrong.”
By using GapCap, Thameside Fire Stopping have been able to grow and fulfil the company’s
potential!
“Without GapCap being there to release our cashflow, the company would not be where it is now.”