Sector:
Engineering
Location/Area:
North West
Funded/Service:
£150,000 Factoring Facility
Benefit & Reason:
The business came to us due to a complete breakdown in relationship with their current invoice finance provider. Their provider restricted funding and made life difficult for the business to trade. We took the time to understand exactly what was causing this and remedy the issues with a cheaper facility and access to a greater level of funding.
What is Invoice Factoring?
Invoice Factoring is a great alternative for businesses that have just started trading, are growing quickly or cannot secure the traditional forms of funding from their bank. Factoring helps to ensure your business has the cash flow it needs to succeed.
Factoring can be useful for improving your ongoing cash flow. It bridges the gap between completing a job and receiving payment for the work. This means you are able to keep up with bill & wage payments, as well as have the funds to make bulk or early payments to suppliers.
Free quote 