Invoice Finance Facility Secured For Domiciliary Care Client Case Study
Domiciliary Care Invoice Finance
Discover how ABC Finance invoice finance experts helped this client secure a asset-based lending in Cambridgeshire.
The facility
Location
Cambridgeshire
Capital raised
£75,000
How funds were spent
Invoice Finance To Increase Working Capital
The request
A new domiciliary care company approached us to help set up an Invoice Finance facility to help with the costs with paying their care staff.
As a new start company with limited trading history, they were struggling to get an appropriate lender to agree a deal.
The solution
Using the ABC finance portal, the director took 2 minutes to input their details and provide some brief information about their business.
Within an hour they had obtained indicative quotes from 3 different lenders. Following discussions with an ABC finance advisor they settled on starting discussions with 2 of them.
A full application was subsequently submitted with 1 of these providers and a facility offer was obtained within a week.
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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