Working Voices offers workshops, e-learning platforms and 1:1 coaching to businesses of every size across many sectors. They deliver training to over 100 of the world’s largest companies, allowing anyone from graduates to CEOs to improve their communication skills.
The Challenge
Working Voices began with a small ad in a supermarket offering to help people speak with confidence, 2 years later it had the like of HSBC, Goldman Sachs and Barclays as clients.
Working Voices achieved consistent and steady growth, expanding internationally and setting up offices in New York and Hong Kong. Having achieved steady growth and an impressive client list Working Voices then went on to launch an e-learning platform.
Working Voices reached the stage where they needed to be able to fund future growth and develop their technology platform. It was important to them that they didn’t dilute their equity and saw debt funding as the ideal solution. However, they ran into problems when seeking bank finance as the deployment of capital was restricted by covenants and excessive shareholder guarantees.
