Last Summer, we were contacted by an exciting new entrepreneurial customer.
The drinks manufacturer had been successful in securing contracts to get their innovative products into major supermarkets.
However, due to being a startup company, they were unfortunately unable to manage the supermarkets’ payment terms.
This was an incredibly frustrating situation for the company to be in, given their proven potential for success.
Luckily, they brought their case to Simply Commercial, where we were able to arrange a commercial invoice discounting facility. This meant that the manufacturers were able to maintain cashflow while still abiding by the supermarkets’ payment terms.
Invoice discounting is a convenient way to confidentially raise funds in between payments owed to you. Find out more here.
Recent Comments