Read through to find out how we helped cater to their bespoke requirements and secured the facility with a single Invoice Finance provider
Situation
The business approached our Newable Finance team for an Invoice Finance facility. They were previously rejected by another lender due to poor financial reports.
Challenge
Unfortunately, conventional invoice or construction finance was not available.
How we helped
We took the time to understand the business and their bespoke requirements. We helped them secure a facility with a single Invoice Finance provider.
Results
The single Invoice Finance facility has been a huge help to the business due to 100% of the invoice value (less fees) being released immediately and without additional security of Directors supporting Personal Guarantees.