- 20 Apr
Deal Completed - Invoice Discounting Despite Poor Financials
We were recently able to help an established London-based business which was turning over £2 million per annum.
They had an invoice finance facility from their bank and invoice finance company but they had been told, 2 years ago that they were no longer suitable for invoice finance due to their poor financial accounts.
The company was looking for a confidential invoice discounting facility in order to enhance the growth of their company. We were able to find them a confidential invoice discounting facility which the invoice finance company agreed on the strength of their internal systems rather than their financial accounts.
This is an example of how it is possible to get an confidential invoice discounting facility despite poor financials.