Working in partnership with a non high street funder, we are delighted to have provided a £3.5M Confidential Invoice Discounting facility to a transport and logistics business that was going through a turnaround.

Introduced by a local professional to our Invoice Finance specialist, the requirement to secure a facility was time critical, in part due to a pressing quarterly rent payment due.

Our thanks go the funder who acted with great speed from the outset. From receiving the initial enquiry to issuing the initial heads of terms, they quickly got to know the management team and understand the plans to turn the business around.

This large and complex transaction was concluded inside four weeks, thanks to the “can do” attitude of all those involved.

We often talk to our professional introducers about the “basket of products” we have available, this transaction yet again underlines the skillset that our experienced team has when it comes to organising asset based lending (ABL) facilities.

With UK wide coverage, we are on hand to advise any SME or business owner looking for a working capital solution including those in a more turnaround situation. Whether it be Factoring, Invoice Finance, a traditional loan or a need for Asset/Equipment Finance, please get in touch for a no obligation discussion.