Case Study- Factoring For A Recruitment Healthcare Start-up
A new start up recruitment company, dealing with the healthcare sector, contacted us for help with their cash flow.
Homeownership & Previous Poor Credit History
They were expecting turnover of £180,000 in their first year but I had one director that was not a home owner and who had previous poor personal credit history. They were seeking funding for growth, but the issues over homeownership, and previous credit history, could have been a problem for some funders.
FundInvoice were able to find the new start-up company a factoring arrangement, with a well-known factoring company, that were able to provide the funding that will meet their growth ambitions.
If you have issues with previous poor credit history, or not being a homeowner, there are still many funding options out there if you know where to look. At FundInvoice, we specialise in helping people that have not been able to find finance themselves.