Simply Commercial Finance are thrilled to have successfully taken yet another tricky deal over the line.
At the end of last year, we were approached by a client looking for assistance with their cashflow.
Unfortunately, they made it through the entire funding process with a major high street lender, only to be let down, as the funders dropped out at the last minute.
Understandably frustrated, they were somewhat apprehensive when they came to us.
However, we were able to arrange meetings with 3 different funders, allowing the client the freedom to choose a funder who could accommodate to high levels of cash transactions.
After settling on their preferred provider, we liased with our contacts and managed to broker a confidential invoice discount facility, as well as satisfying the client’s creditor’s and releasing £90,000 form their debtor book.
Confidential invoice discounting allows you to factor your invoices, while maintaining total discretion with your customers, meaning your hard earned reputation and customer relations won’t be unfairly impacted by your facility.
We are proud to say that our client can now put their unfortunate experience behind them, and enjoy stable the cashflow that they needed.
Well done, Phil!
If you’ve had a bad experience with a funder or broker, please don’t let it put you off. Simply Commercial strives to offer the best customer service on the market.
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