Case Study - Cost Saving And Unrestricted Funding Against Bupa - De Poel
BUPA - De Poel
FundInvoice were contacted by a new startup company that had only been trading for a few months. They had found their own factoring facility but then landed a large order from BUPA who required our client to supply staff via De Poel the RPO. Unfortunately, the factoring company that our client had found could only offer a 10% maximum concentration limit on De Poel so this was going to significantly hamper their cash flow.
Unrestricted Concentration Limit & 15% Cost Saving
We put them in touch with an independent factoring company who were able to offer them unrestricted funding against De Poel via a factoring arrangement, with Payroll management offered in addition. However, our factoring partner also provided a 15% cost saving on the service charge that they were paying to the company that they had found.
A great case study showing that not all factoring companies are the same and that you need to be careful when you choose a factor.
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