Skipton Business Finance is always delighted to announce the arrival of new clients.
Our invoice factoring and invoice discounting facilities are proving especially popular at the moment as more and more businesses realise that bank overdraft and loan facilities are not the only methods of accessing external sources of finance.
Since our launch, we have funded a number of different businesses requiring finance for cashflow purposes. We find that our facilities are especially popular for businesses looking to remove the strain of inflating prices on cash flow or to replace overdraft facilities.
- Conveyor Belt Supplier
- £50k CHOCS facility
- Help finance cashflow
This client was looking for a CHOCs facility (see our extensive glossary of invoice factoring terms here) to assist with cash flow and ensure the business could take advantage of opportunities to expand its client base.
This facility will enable the Conveyor Belt Supplier to use their own established credit control system to chase for payments, whilst also getting access to quick and simple finance from Skipton Business Finance for their invoices.