£100,000 Invoice Finance Facility for an accountancy practice
Case Study Summary
- Type: Invoice Finance
- Amount : £100,000
- Turnaround : 2 Weeks
- Term: 12 months
The Story
A growing accountancy practice with a very experienced team that were expanding. Due to the numbers of new clients being onboarded they needed to invest in new staff and larger premises. Given their ambition to grow they needed a facility that would meet the current requirement and provide the certainty of a facility that would grow with them longer term. This means they will not need to keep renegotiating facilities or taking on short term facilities that do not meet the needs of the business.