A storage company based in West Yorkshire was provided with a Confidential CHOCs facility following a CVA.
When a business runs into problems and becomes insolvent, it may be using a Company Voluntary Arrangement (CVA) to repay creditors. The good news is that it can still raise funding with Skipton Business Finance under a CVA.
In this case, we were able to support a storage business which had recently gone through a CVA with a £450,000 CHOCS facility and have since supported them through an exciting rebrand.
Where more traditional providers may have rejected a business such as this, we were more than happy to support them.
Want to know more? Speak with us today and one of our Regional Directors can tell you more about this particular deal.
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At Skipton Business Finance, we offer the following types of Invoice Finance:
- My White Label
- Disclosed Invoice Factoring
- Recourse Invoice Factoring
- CHOCS Invoice Factoring
- Confidential Invoice Discounting
- Disclosed Invoice Discounting
- Recourse Invoice Discounting
- Invoice Discounting for Small Businesses