- Electronic Till Distributor
- £60k Confidential CHOCS facility (Client Handles Own Collections)
- Fund increased cashflow to help company grow
This client required a confidential CHOCS facility to provide them with the cash needed to help implement expansion plans.
We were only too delighted to be able to provide them with a specific facility to match their requirements.
We’d like to wish our newest client the best of luck for the future!
We also can afford to be flexible and thus are able to fund many different types of business. This means we find a lot of our clients will continue to renew their facilities with us year after year, after benefitting from having reliable, consistently-high cash flow.
With the latest figures revealing that bank overdrafts and loans are getting more expensive and inaccessible, it makes more financial sense than ever to consider invoice finance, especially if your current funding option, such as a bank loan or overdraft, is about to run out.
Will you be able to extend your loan or overdraft, and if so, might it be costing more?
BUSINESS FINANCE FACT - The asset based finance industry, which includes invoice factoring and invoice discounting, grew by 3% in 2012.