Civil Rail Solutions Puts Luggage on the tracks with a £3 Million Power‑Up from Bibby
In a move that’s sure to make the rail industry feel like a high‑speed commuter train, Civil Rail Solutions Limited (CRS) has secured a £3 million confidential invoice‑discounting line from the independent SME funder Bibby Financial Services (BFS). This fresh haul of capital will keep CRS’s workforce moving as Network Rail gears up for its massive £45.4 billion, five‑year investment blitz.
Why the cash matters when the track is getting thicker
- Control Period 7 in full swing – Network Rail’s five‑year plan has begun, and trains (and jobs) are running on a whole new timetable.
- CRS needs flexible working capital to hand out labour to a growing roster of rail giants: Network Rail, London Underground, Transport for London and a stop‑over of big construction contractors.
- The cash line helps keep projects on schedule without missing a beat — or a spike.
From humble beginnings to national rail heavyweight
Since its start in 2008, CRS has been the go‑to crew for all things rail and construction. Headquartered in Ashford, Kent, the company opened a regional hub in Doncaster in 2016, giving it the local muscle needed to serve the entire UK.
How the partnership came to life
Thanks to an introduction by Amanda De Courcy of ADC Financial, BFS crafted a personalized, confidential invoice‑discounting package that tapped into CRS’s solid earning history. With heavy‑handed bank competition and alternative lenders all vying for a slice of the market, CRS chose BFS for their rail‑savvy approach and spark‑of‑flexibility.
Voices from the front (and back) of the line
Mark Mason, CEO of CRS said:
“As we dive into Control Period 7, we’re primed to keep driving growth as the rail’s chosen labour partner. We needed a partner who just gets the sector’s complexity and our ambition. BFS delivered that – and more. We’re excited to keep the momentum rolling in 2024 and beyond!”
Mike Reid, Corporate Sales Manager at BFS shared:
“We’re thrilled to be CRS’s lender of choice, ready to fuel their expansion dreams. This deal showcases our knack for tailored working‑capital solutions in the rail and construction arena – where supply chains are as twisty as a railway loop. BFS’s expertise in handling complex debtor books made this the perfect fit.”
Amanda De Courcy added:
“Mark and the CRS team signaled they needed a flexible source to power their national growth. BFS was the obvious choice—deep in sector expertise. I’m confident they’ll thrive under our partnership.”
All aboard for the next decade
With the new capital line under its belt, CRS is set to ride the high‑speed wave of Network Rail’s expansion, delivering a steady stream of workers to trains, tunnels, and track repair projects. The partnership is a clear indication that both firms are ready to keep the rails humming for years ahead.