- £600k disclosed invoice discounting facility
- Existing client renewing facility
This is an existing client of ours that has signed up for a new facility with SBF after their previous facility had come to an end.
We pride ourselves on the service and professionalism we offer to our clients, which we find results in many renewing their facilities at the end of the contract and so continuing already-blooming relationships.
Everyone at SBF hopes that the client continues to enjoy success this year!
Alternatives to bank credit
There are plenty of different types of alternative business finance available to the UK’s businesses.
As bank credit has become less accessible and increasingly expensive, many business owners are exploring other options in their search for their perfect external funding solution.
Invoice finance facilities generally benefit those businesses that issue invoices and sell services or products to other businesses. It provides a flexible cashflow and grows in line with a business, so the more invoices you issue, the higher the amount of cash available!
Why not find out more about invoice finance by browsing our website.
As of 2016, cash funded through Invoice Discounting was almost £180 billion and the manufacturing industry accounted for a large number of clients using this flexible facility.