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Consultancy Business - Existing Client

Sector: Consultancy | Value: £200,000
Equipment type: Invoice Discounting | Term: Revolving

We identified an invoice discount funder for a consultancy business.

Problem:

Our client previously used selected invoice finance facility, but due to growth there was a need for additional funding. This is a consultancy business, which does not suit all invoice finance funders.

 

Approach:

Bathgate selected two funders who were willing to offer invoice finance to consultancy businesses.

 

Solution:

An invoice discounting facility was agreed, with software linked to the client's accounts package, reducing both administration and service fees applied.