Case Study Funding Against A Neutral Vendor For A Recruitment Business

FundInvoice were recently able to assist an established recruitment business, with an annual turnover of £1.8 million. The company were already using a factoring facility, which was provided by one of the large bank backed factoring companies.

Funding Against Invoices To A Neutral Vendor

The prospect company was experiencing funding restrictions because the bank were unable to provide adequate funding against their prime debtor, a neutral vendor company - also known as an RPO.

This is a funding issue that we come across before and we were able to introduce the prospect to a factoring company (backed by a well-known bank) that we're able to offer a significant improvement in the concentration limit against the RPO. This flexible approach released further funds for working capital, proving that not all factoring companies are the same.


Further Resources

Article - Funding Against RPOs

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Examples of funders we work with:

marketfinance
investeccapitalsolutions
pulse cashflow finance
nucleus
giant finance
bibby