- Ceramics products manufacturer
- £250k invoice factoring facility
- Finance required for Management Buy-Out (MBO)
This client required an invoice factoring facility to help provide funding for the business to be bought by the former managing director and marketing director and to allow the company to expand its workforce and product range.
We wish them every success!
MBO’s enable managers or directors of a company to acquire its control, a measure often used to prevent previously-struggling businesses from entering administration or even liquidating before then allowing it to begin successfully trading once again.
Skipton Business Finance is able to fund transactional deals like MBO’s and MBI’s by providing invoice finance facilities with increased levels of funding to ensure successful buy-outs.
Invoice finance is a great way to inject extra capital into MBO’s and ensure the new business has the necessary cash to give it a bright future.