Invoice Finance For A Hertfordshire Recruitment Agency Case Study
Invoice Finance For A Hertfordshire Recruitment Company
Discover how ABC Finance invoice finance experts helped this client secure recruitment finance to improve cash flow.
The facility
Location
Hertfordshire
Capital raised
£250,000
How funds were spent
Invoice Finance For Business Cashflow
The request
The directors approached ABC Finance with an immediate need to switch their invoice finance provider.
Their existing lender had just given them notice that they were reducing the credit limit on a major established client.
This would have left them with significant cashflow issues or would have forced them to renegotiate their business relationship with the longstanding client.
This would have upset a 6 years business relationship and caused the business to re-evaluate their current staffing levels.
Read more – recruitment invoice finance
The solution
Following a full review with the directors, ABC Finance leveraged their considerable experience and industry contacts to help the directors negotiate a deal with a new provider.
We found a lender that would not only match their existing terms and credit limits, they also managed to increase the size of their facility to help their business expand and take on more clients.
This resulted in plans to take on more consultants, rather than look to reduce their headcount.
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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