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 |
---|---|---|---|
Engineering |
IDeal™ |
£1m | Reduce funding costs by switching to invoice finance |
Wholesale and distribution | IDeal™ with bad debt protection | £1m | Support ongoing growth |
Manufacturing | IDeal™ | £1m | Fund business turnaround |
Wholesale and distribution | Invoice factoring | £500k | Fund European start-up's expansion into the UK market |
Temporary recruitment | IDeal™ | £375k | To improve cash flow |
Recruitment | IDeal™ with bad debt protection | £150k | Switch financiers due to poor customer service and inconsistencies |