Invoice Factoring Case Studies
Check out some of our successful factoring deals here.
Read our blogs on this topic.
- Upto 90% initial payout
- Low service fees
- Low interest rates
- Minimum turnover £100k
- Payout in 48 hours or less
- New companies considered
Make sure you get the right factoring lender, call on 0844 504 9866 or fill in our brief "contact" form here for a free initial consultation.
Why not take a look at some of the commercial loan deals we have completed recently.
Invoice Factoring Successes
Debtor Factoring can prove to be a less than satisfactory experience for some businesses, here are just a few of our successes.
The New Start Company
An entrepreneur with an established record in the recruitment industry decided to set up on his own. The company signed up a number of customers pre launch and to hit the ground running we helped set up a factoring facility to match the forecast £400k first year turnover.
The Dis-Satisfied Customer
Our client in the ready-meal sector was unhappy with the artificial credit limit way below turnover (circa £650k), imposed by his bank, a limit that was severely holding back company growth. We quickly moved the client to a more flexible factoring lender without any increased costs.
The Increased Stock Requirement
We were approached for a "stock purchase facility" by a wholesaler. We were able to arrange the required amount by linking the requirements to a £1.2m factoring finance agreement.
The Overdraft Replacement
A business customer had grown tired of having regular meetings with his bank about his overdraft limit and having to go over the same detail time and time again. We suggested the business owner could use a trade debt factoring facilty to pay off the overdraft and increase working capital availability for similar costs. The £330k facility not only allowed the businessman to concentrate on running the company, he found that his salesman no longer had to chase up late paying accounts. The more efficient use of time lead to an almost immediate increase in sales.
The Non-Recourse Factoring Facility
An established printing company required cash for expansion, but a bad debt had severely limited their plans. We suggested factoring £500k of trade debts and adding the non-recourse insurance option to ensure there were no further problems with any larger debts.