🟠 DEAL STORIES 🟠 | Invoice Finance
6 figure Invoice Finance deal to support a growing East Midlands based Transport business. This was new finance required due to increased fuel costs. The Managing Director (MD) wanted access to funds to smooth over any potential bumps in the road.
The customer base consisted of a high concentration account which brought a higher level of risk to the client and lender. We worked with the lender to put in place bad debt protection which mitigates the risk of customer failure and maximised funding allowing the MD to sleep peacefully at night!
Please read the attached for full details.
https://www.linkedin.com/feed/update/urn:li:activity:7019315366258462720/
