Invoice Finance Facility For Healthcare Provider In Nottinghamshire Case Study
Invoice Finance Facility For Healthcare Provider In Nottinghamshire
Discover how ABC Finance invoice finance experts helped this client secure invoice finance for a healthcare business in Nottinghamshire.
The facility
Location
Nottinghamshire
Capital raised
£1,500,000
How funds were spent
Invoice Finance
The request
We were approached by a family-owned business which supplies healthcare staffing solutions across Nottinghamshire.
They manage care in the community services, as well as temporary nursing and health care assistant solutions for residential homes.
The growing company prides itself on providing the best care in the county and in 2023, the Group completed more than 400,000 care hours.
Due to their reputation for consistent high-quality care the company quickly expanded since they established and to support ongoing growth there is a need for additional working capital which would support the investment in training new staff.
Read more – recruitment invoice finance or invoice finance for healthcare.
The solution
Within four weeks of our initial conversations, we were able to broker a £1.5m invoice discounting facility for the business.
This enabled them to instantly drawdown more available funds and start recruiting within weeks of the facility completing.
Better terms were also negotiated which improved their costs and increased the profitability of the business.
Gary Hemming
Commercial Lending Director
Why work with ABC Finance to get invoice finance?
Our team at ABC Finance are true experts in invoice finance. We’re focussed on helping our clients to secure the best deal on their finance, quickly.
That’s why we built our market leading comparison tech to help us identify the best deal in minutes. Our tech pushes the power to you and has lenders compete to offer you the best deal.
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