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Their business financials had been impacted by Covid and the temporary overdraft provided by the bank was due to be withdrawn.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