Featured Business:
- Plastic Moulders
- £250k invoice discounting facility
- Flexible and viable alternative to bank overdraft
The firm, based in Buckinghamshire, required an invoice discounting facility to ensure that cashflow remained healthy, following issues it had been having with customers taking longer and longer to pay. Previously the company had relied on a bank overdraft to help cater for inconsistent cashflow. However this had been withdrawn and left the business with financial issues.
We look working together with our new client!
Give your business cashflow a boost
Is your business in need of cashflow assistance over the summer? Happy that your current bank facility is providing you with enough flexibility and security?
If you're not sure, questions you could ask of your current funding system include is it working as well as you’d hoped when you took it out in the first place? Is it providing you with enough capital? Do other alternatives exist that could better suit your business?
If you’d like to find out more about alternative business finance facilities, we’d love to be able to help. Why not give Skipton Business Finance a ring today on 0845 602 9354, drop us an email at info@skiptonbf.co.uk or browse our website for more details on how our facilities work.