We can reveal the details of a new client that has signed up for an invoice discounting facility with Skipton Business Finance:
- Plastic Recyclers
- £600k confidential invoice discounting facility
- Fund increased cashflow
The business, based in Somerset, required an invoice finance facility which would replace their current bank overdraft and provide them with a more sustainable solution to unlock funds from their unpaid invoices.
This facility will be run from our newest office in Birmingham.
We’d like to wish a warm welcome to our newest client!
Business confidence on the up
With encouraging news coming from recent surveys on increasing business confidence and growth across a number of important sectors, things are looking positive again for the UK’s SME sector.
But whilst fuel prices continue to rise and inflation remains above target, acting as the main driver of costs for businesses, there are still threats to cashflow which can put a halt on growth plans
Having an invoice finance facility supplementing your business can help you quickly and easily release your own money that could be otherwise tied up for 30, 60 or even 90 days!