Skip to main content

Industry: Distribution

Product: Invoice finance with Liquidity Plus

Facility size: £995,000

This successful UK company specialise in the design and supply of fine chemicals to a number of sectors including the pharmaceutical industry and agriculture.

The requirement for funding arose due to a minority shareholder wishing to purchase additional equity from other owners.

Although profitable, due to the nature of the business it is inevitable there is a high level of export which has its associated risks. These have been mitigated with the inclusion of a credit protection policy.

Close Brothers provided a new £855k invoice finance facility with an additional £140k made available by the Liquidity Plus product (set to amortise over a 24 month period) which successfully funded the transaction.

Contact us

Close Brothers Invoice Finance
Ridgeland House
165 Dyke Road, Hove
East Sussex, BN3 1UY

T: 0127 305 9530 *

*Freephone from landlines

Keep in touch

© 2020 Close Brothers Invoice Finance. All rights reserved.