Materials Testing Group, a UK specialist in materials testing is using a tailored Invoice Finance facility from Optimum Finance, an eCapital company, to support its continued growth and rising demand across the industry.
The company leading the way in evaluating and testing structural materials, analysing aggregate, asphalt and concrete to determine their properties, performance and safety. This quality verification approach ensures the materials are fit for purpose, durable, and compliant with building codes, which helps prevent safety breaches, costly rework, and future structural failures.
Since being acquired in 2022, the Materials Testing Group has undergone quite a transformation. With a strong focus on operational rigour, the business has carved out a reputation for reliability, precision, and speed.
But maintaining momentum demanded more than operational efficiency. Traditional lending solutions no longer offered the flexibility needed, so Materials Testing Group began working with Optimum Finance, adopting their tailored Invoice Finance facility to unlock vital cash flow and support growth.
With a move to larger premises scheduled for late November and ambitious growth plans in place, invoice finance is now an integral part of The Materials Testing Groups expansion strategy, making sure the company grows in a smart and sustainable way.
“With Optimum, our growth is not restricted like it would be with typical overdrafts,” says Neil Harvey, Finance Director of Materials Testing Group. “Instead, we gain early access to cash as soon as we invoice, and that cash availability grows with us as our revenue increases.”
Invoice finance has given Materials Testing Group the capability to invest in new equipment, hire more staff, and manage supplier relationships without cash flow bottlenecks. Most importantly, it’s removed the stress of constantly juggling payments and chasing cash.
Managing Director Callum Oxley adds: “The ability to grow is directly linked to your access to working capital. You need cash to pay deposits on equipment, invest in training, and hire the right people. Without access to funding, you’re always on the back foot.”
As Materials Testing Group prepares to expand operations, Optimum’s invoice finance facility remains a critical enabler; powering growth from the ground up.
Anthony Persse, Chief Executive Officer at Optimum Finance, said: “Materials Testing Group is a brilliant example of a business that’s essential to UK infrastructure. By unlocking working capital through invoice finance, we’re helping them grow on their own terms, with the confidence and flexibility they need to plan ahead and scale at pace. We’re proud to be a part of, and support their journey.”
