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Jewellery wholesaler - Professional Introduction

Sector: Wholesale | Value: £700,000
Equipment type: Invoice Finance | Term: Revolving

We sourced an alternative Invoice Finance facility for a handmade jewellery wholesaler.

Problem:

Client asked us for assistance to source an alternative provider of invoice finance who could offer additional support due to the client's seasonal trading.

Approach:

We took time to understand the client's business and its trading patterns. That enabled us to approach the most appropriate provider that suited the client's needs.

Solution:

Invoice financing was agreed with that new provider which included an revolving over-payment facility. This over-payment element was secured against both trade debtors and property.