One of the UK’s leading timber agents, Hunt Brothers, is celebrating the turn of the year with 104 years of global growth and annual timber orders of 10,000 tones. Ongoing success has been supported by a credit insurance policy.
Hunt Brothers acts as a selling representative for overseas mills looking to export timber products to the UK. It has an annual turnover of £7 million and imports from seven primary countries around the world. The Wirral-based business has achieved 20% growth over the last ten years and says its 65-year long trade credit insurance partnership with us has been vital to the firm’s success.
Careful financial management and the company’s insurance policy enables Hunt Brothers to rate the credit worthiness of potential business partners and sell timber products on credit to UK customers with the confidence of being covered against non-payment. This has enabled the company to significantly expand the markets it operates in, with a focus on Europe, North America and Asia.
Geoff Hilditch, Hardwood Timber Products Director at Hunt Brothers, said: