Invoice Finance for a Supplier of Medical Devices

Opportunity:

Their business financials had been impacted by Covid and the temporary overdraft provided by the bank was due to be withdrawn.

Approach:

The client had their own funds, but wished to review working capital options to finance significant sales opportunities.

Solution:

Flexible working capital facility linked to debtors, Bathgate matched the invoice finance provider, who could meet the client’s demands, including the fee structure.