- 01 Oct
Deal Completed - Export Factoring To Spain For Expansion
Another export factoring deal recently completed for a food producer exporting to Spain, turning over c. £750K pa.
They were looking for funding for growth in order to expand their buisness. We were able to find them an export factoring facility in order to fund their business expansion.
Export factoring provides the client with both funding against their export sales invoices and a credit control, invoice collection service to help collect their outstanding invoices. This can be helpful where the client does not have the language skills in-house to deal with territories such as Spain where most debtors will be Spanish speakers.
More export factoring deals to follow . . .