Arbuthnot Commercial ABL supports huumun with GGS loan and Confidential Invoice Discounting facility

Headquartered in Bracknell and employing a 60-strong team based across the UK, Europe and North America , huumun is a specialist digital marketing services business dedicated to supporting life science brands engage with healthcare professionals and patient stakeholder groups through the creation of highly impactful digital experiences. 

The company’s work ensures that science means more to the people it touches. huumun achieves this by having a highly skilled, multi-disciplinary team that spans digital strategy, technology, data science, and creative skills, that works closely together to transform life science brands. huumun proudly serves some of the world’s leading life sciences companies, including Pfizer, AbbVie, Takeda, and AstraZeneca. 

The company creates trusted long-term relationships with its global client base. Standard corporate payment terms in today’s world can be long. huumun wished to move away from traditional loan finance to a solution that could better flex with the business. 

With the support of its advisers, huumun undertook an extensive look at the types of finance available and the providers that would offer the best fit for the business. Arbuthnot impressed huumun, not only by the terms offered, but also with their intuitive understanding of the business and the first-class service provided by the team. 

The new GGS loan and CID facility deliver a far more flexible approach to finance for the business. It bridges the gap between contractual payment terms and the day-to-day cash requirements of the business and delivers the headroom needed to continue to grow its specialist teams to meet the requirements of its growing global client base.

Tim Wood, CEO, huumun, said: , said: 

“We are in every way a people business. We help our clients engage with stakeholder groups and we do this by having the best people with a broad range of skills on our team. Our team is our biggest asset. This new facility enables us to look ahead knowing that we have the certainty of cashflow to keep the business moving forward at a good pace.Arbuthnot are a people business just like us. Their team really understood us from the outset and impressed us with their professionalism, insight, and excellent service.”

Andrew Rutherford, Commercial Director at Arbuthnot Commercial Asset Based Lending Limited, stated: 

“huumun is a well-established and ambitious business at the forefront of their field. Like every business they needed to move the cash from the point of being paid closer to the point of being invoiced and create the space they need to plan and invest. It was a pleasure to deliver a fresh approach to finance for huumun, that provides exactly what they need. We are excited for the company as it moves into this new finance era and continues its impressive growth”

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Registered in England and Wales no. 10915339. Arbuthnot Commercial Asset Based Lending Limited’s registered office is Arbuthnot House, 7 Wilson Street, London, EC2M 2SN. Arbuthnot Commercial Asset Based Lending is not authorised and regulated by the Financial Conduct Authority.

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