Invoice Finance Case Study: New Start


A recruitment business based in West Midlands required an Invoice Factoring facility in order to set up the business. 

At Skipton Business Finance, we love working with new start businesses. This year, 20% of all new clients were new start businesses. 

We are proud to have been able to support many new starts in the beginning of their business journey and onwards. 

The £1m Invoice Factoring facility in this case allowed the directors to set up their new business wihout the strain of cashflow. The business was set up at the beginning of 2018 and at the same time began its partnerhsip with Skipton Business Finance. 

Since 2018, the business has grown in various areas including office locations, turnover and staff numbers. The business has been very successful, ending its first year of trading with a turnover of £3m. 

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At Skipton Business Finance, we offer the following types of Invoice Finance: