- 28 Feb
Deal Completed - 8% Increase In Profits Achieved
This is an interesting example of a plumbing, drainage and maintenance services company that we were able to help find an invoice discounting facility.
The business wanted to use the funds advanced through the invoice finance facility, released against unpaid sales invoices, in order to enable them to restructure their business.
After the client had been using their invoice discounting facility for a period of time, we spoke to them again and they advised that through the restructuring of their business they
had been able to increase their profits, year to date, by 8%. This is a significant achievement for a business in the current economic climate and it also demonstrates the additional benefits that can be derived from invoice discounting over and above the obvious improvement in working capital.
More invoice discounting deals to follow. . .