- Engineering Company
- £250k Confidential CHOCS Facility
- Boost cashflow
This client, based in West Yorkshire, was in need of a cashflow solution that would help release the cash they have tied up in unpaid invoices, whilst also allowing their credit control function to continue as usual.
With a £250k facility in place, the company can now plan for growth and expansion and really get the business on the front foot again, after a period of uncertainty and frustration.
We’d like to wish our newest client the very best of luck for the future!
Funds available NOW for UK businesses
Skipton Business Finance continues to have funds available to lend through innovative and flexible invoice finance facilities, a position which has always remained unaltered through uncertain economic conditions.
SBF’s Sales & Marketing Director Andy Grantham felt that UK businesses would do well to look at alternative funding solutions, such as factoring and invoice discounting facilities, “Access to funding is still difficult and the Government-backed schemes do not appear to be having as positive an impact at local level as wished for.”
“At Skipton Business Finance, our ethos of supporting local businesses remains at the forefront of our approach and we continue to make essential funds available to local businesses during these difficult times. Our door is very much open for business,” he concluded.