Factoring Finance for Startup Business: Case Study
Cashflow Acceleration Ltd were asked by a new start up printing business to find a working capital solution that would aid them in their growth. Finance can be difficult for a startup business to access.
Factoring Finance for a Startup
Factoring was the ideal solution and so Cashflow Acceleration approached a number of factoring companies on behalf of the customer.
The business was a sole trader and had only been trading for a few months but CFA were able to find the business a factoring facility that provided the business with an initial cash injection of over £35,000 together with an ongoing early payment advance of 80% against their sales invoices.
This was achieved at an affordable price that will enable the business to pursue their plans for growth.
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