Skipton Business Finance is delighted to reveal the details of another invoice discounting facility that has been taken out with us this week, this time it's a business based in the North West of England:
- Office Stationery Supplier
- £50k confidential invoice discounting facility
- Increase business cashflow
This client was looking for a confidential invoice discounting facility to help increase the amount of cash available to the business.
With a £50k facility put in place by Skipton Business Finance, they can now plan for a bright future without constantly worrying about late payments and cashflow.
We’d like to wish our newest client the very best for the future!
Finance for small businesses
As figures release this week have confirmed that bank lending has decreased by a further £3bn, it’s becoming clear to many small businesses and SMEs that alternative finance options need to be explored.
Here at Skipton Business Finance, we find that many of our clients did not know about invoice finance before they took out one of our facilities. However, once they had experienced the benefits of invoice finance, such as increased cashflow and financial security, they haven’t turned back!
In the UK, there are over 12,000 businesses in the services sector that actively use business finance facilities such as Invoice Factoring or Invoice Discounting.