Welcome to our monthly bulletin, showcasing some recent partnerships.
Feature deal
Invoice discounting funds succession plan for family haulage business.
Industry: Haulage and warehousing
Product: IDeal™ invoice discounting with bad debt protection
| Industry | Product | Facility | Corporate objective |
|---|---|---|---|
| Manufacturing | IDeal™ with stock loan and bad debt protection | £3.7m | Access higher levels of working capital and refinance previous provider |
| Manufacturing | IDeal™ with CBILS | £1.6m | Cash flow support due to coronavirus business disruption |
| Food and drink | IDeal™ with bad debt protection | £1.2m | Consolidate loan into invoice finance for ongoing funding |
| Wholesale | IDeal™ with CBILS | £750k | Cash flow support due to coronavirus business disruption |
| Haulage | IDeal™ | £600k | Fund Newco |
| Wholesale | IDeal™ with bad debt protection | £300k | Support business growth with access to additional working capital |
