The Client 

Our client’s invoice finance facility was coming up for renewal. They approached us to conduct a market review to see if they could improve on their current facility. 

The client specialises in providing workforce for the energy industry. Their business model requires they pay for labour ahead of receiving payment from their customers. An invoice facility provides a steady income stream avoiding any peaks and troughs in cashflow. 

The Case

At the time of enquiry, the client had an invoice facility size of £5M. We were able to source a larger facility of up to £10M with a lower service fee and discount rate. 

The Result 

We placed the client on the new, larger facility providing a saving of £100K a year to the business. The larger facility will support the business with their future growth objectives, allowing for additional investment and expansion. 

Case manager, Director Ewan Clark shared, “It’s always good practice to review an invoice facility every 12-18months. As your business grows and performance changes, your product options increase. I am delighted we were able to create such a huge saving for this business and deliver a stronger solution.”