Close Brothers Invoice Finance deals: October 2017

Welcome to our monthly bulletin, showcasing some recent partnerships.

Feature deal

Invoice discounting solution for a specialist international firm who feel the benefit of a more responsive relationship with their provider.

Industry: Oil and gas

Product: IDeal™ with bad debt protection

Industry	Product	Facility	Corporate objective
Advertising	Confidential invoice discounting with cash flow loan	£1.75m	Growing the company
Recruitment	IDeal™	£550k	Unhappy with provider
Manufacturing	IDeal™ with Liquidity Plus	£1m	Increase funding
Supply	Factoring	£300k	Start-up finance
Engineering	IDeal™ with Liquidity Plus	£1.1m	Improve trading performance
Food and drink	Factoring	£150k	Business growth

Close Brothers expand operations in Ireland

This year Close Brothers celebrates 10 years of business in Ireland. As part of continued expansion, we have opened new offices in Dublin, Cork and Belfast.

This exciting expansion reflects Close Brothers’ position as the leading provider of asset finance, invoice finance and asset based lending (ABL) for both SMEs and large businesses.

We help customers across Ireland to achieve a wide range of business objectives, from purchasing or refinancing capital equipment to improving cash flow and financing strategic events such as mergers or acquisitions.