Invoice Finance -
Revolving facility for this recently established business
Opportunity:
Recently established business who required funding for stock to meet customer demand.
Approach:
Client had cash also tied up in sales invoices, and had been in discussions with an invoice funder for 3 months, delay in implementing a working capital facility was hampering sales opportunities.
Solution:
At Bathgate we were introduced to provide an alternative solution, an invoice finance funder was selected who paid out within 2 weeks of being introduced.