When an expanding business completes an acquisition, be it to expand the demographic bases it covers, to increase economies of scale or to snare a competitor, it is undoubtedly a milestone and a sign of a successful and ambitious company that really is on the up. Almost 50% of attempted acquisitions do not work, according to research, which shows just how hard a company may have to work to complete a merger and continue growing.
Challenges with Acquisitions, MBOs & MBIs...
In today’s economic climate, it can be hard to justify mergers due to the prolonged nature of the process and the associated costs, which can include the cash offer of the merge together with costs for rebranding and staff retraining. Using large amounts of capital can also worry businesses, who may prefer to keep cash reserves available at times when the economic climate is volatile
What SBF can do
Skipton Business Finance has a ten year history of successful dealings with mergers occurring across a variety of sectors, helping provide them with welcome financial help. With improved cash resources, comes a whole host of boosts to a business, not least gaining the ability to be able to complete ambitious mergers, without the risk of running out of money and with the knowledge that working capital is in the bank and available.
How SBF do it
We strive to deliver flexible invoice finance, such as factoring or invoice discounting, that grow with the business of the client and our entire sales approach is shaped around this philosophy.
In over ten years, we have funded businesses in and given access to funds to grow in line with their sales meaning that the solutions we provide are more flexible than a traditional bank overdraft.
This means that the factoring and invoice discounting facilities we provide, are the fastest growing alternatives to a traditional bank overdraft.
Amazingly, factoring as a fact of business life has origins in England prior to 1400, over 600 years ago!
Get in touch with us!
It’s easy to unlock the money you have tied up in unpaid invoices. Just call us on 0845 602 9354 and one of our award-winning team will be able to guide you through the process. Alternatively, fill in the quick quote form on the right.
