- 16 Jan
Deal Completed - Working Capital For A New Start Consultancy
It can often be difficult for a new start business to raise working capital. Banks tend to require some form of security in order to offer substantial overdrafts of loans and with a new start up business that is often not available.
We were recently able to help a new start up IT consultancy business meet their funding requirements by introducing them to a factoring company that were prepared to fund both a start up business and consultancy businesses (not all funders will).
As a result the business now has a recourse factoring facility that will provide working capital for their new start venture.
If you need a quotation to finance your business please contact us free of charge, without obligation.
More factoring deals to follow . . .