A new £150k facility successfully underwritten for a Bristol based signage company.
Recently established in 2017 with a projected turnover of £750k. As I experience with a lot of businesses and Directors there were a few skeletons in the closet, a failed previous business and some personal CCJ’s. However, the new business has all the solid experience from the old business and has secured several new lucrative contracts including the rebranding of a major supermarket chain.
Previously the company has survived from day to day from one cash flow crisis to another, however, with an invoice finance full factoring facility in place cash flow headaches should be a thing of the past! The new facility will give the growing company a full credit control service and bad debt protection and 90% of the value of his invoices immediately. All of which costs under 10k a year, including bad debt protection & full credit control! Let alone access to £150k on tap!
If you’d like to know what options are available to you please don’t hesitate to get in touch, I genuinely would like to help. Tel : 07794 402352