Welcome to our monthly bulletin, showcasing some recent partnerships.
Feature deal
Wholesaler switches invoice discounting provider for higher funding limit
Industry: Wholesale
Product: IDeal™ invoice discounting
Facility size: £2m
| Industry | Product | Facility | Corporate objective |
|---|---|---|---|
| Logistic |
IDeal™ and RLS |
£3.125m | Refinance existing funding |
| Recruitment | Invoice factoring | £850k | Facilitate growth |
| Engineering | Invoice factoring with bad debt protection and RLS | £600k | Switch invoice provider to add bad debt protection |
| Recruitment | IDeal™ and bad debt protection | £600k | Find new invoice finance provide due to funder leaving the market |
| Haulage | IDeal™ | £300k | Increase fleet of trucks |
| Temporary recruitment | Invoice factoring | £200k | Find funder with better customer service |
