Case Study Lower Cost Expansion Invoice Finance
CFA were able to assist a printing company to lower the cost of their factoring facility and at the same time release additional funding.
Lower Cost Invoice Finance
The printing company were achieving sales of £500,000 per annum and they had been using a bank owned factoring company (or factor) for just over a year in order to finance their sales ledger. Unfortunately the client found the factor unresponsive to their requests for increased funding, particularly in respect of certain prime debtors. The situation had put the client's expansion plans in jeopardy.
CFA managed to find the client a factoring facility with an independent factoring company. The Factor was able to provide them with a more flexible, generous funding solution and they were also able to reduce the price that the client paid for the finance. This enabled the client to pursue their expansion plans with confidence.
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