Skipton Business Finance differs from many other finance providers in that we are entirely independent. We are not run by a bank and therefore can afford to be flexible with the solutions we offer.
This means our facilities can be tailored to fit with your requirements... do you have an existing finance facility that isn't suitable to your business any more? In cases like this, we often find we are able to assist in paying off existing finance facilities before a business switches to one of our flexible invoice finance solutions.
And with the latest figures revealing that bank overdrafts and loans are getting more expensive and inaccessible, it makes financial sense to consider alternative funding options to ones you may be using currently, especially as it can be simply arranged for you to transfer your facility over to SBF.
Today, we are delighted to be able to reveal the details of a company who we helped to pay off their existing overdraft before they then moved over to an invoice factoring facility with ourselves:
- Printer Company
- £350k invoice factoring facility
- Help to repay overdraft and provide flexible cashflow assistance
This client required a invoice factoring facility that would grow in line with their business, to stop them being held down by the financial ceiling that overdrafts generally have.
We wish our newest client every success in the future and hope their time with us proves fruitful!
By using a fast and flexible invoice factoring facility from Skipton Business Finance, we purchase your sales ledger up to the value of 100% and then advance the funds immediately to you!