Case Study

Centrepac - funding a 'one-stop' packaging shop

"Our decision to appoint Close has been proved to be the right one - they have been a fantastic partner from day one.

They had everything underway within a week - their professionalism won the day."

When former haulage contractor Mark Whitworth had the opportunity to buy packaging distributor Centrepac, he was given just days to find the finance to do the deal. Among the rapid decisions he made, was to appoint Close Invoice Finance.

The business has now expanded to new premises to supplement the additional facilities.

When Mark identifies that the cost of raw materials is likely to rise he uses growth finance to buy additional stock in advance of any increase.

The business turnover is now six times greater than when Mark acquired the company.

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