A large distributor of electrical products, based in Birmingham commissioned N & T to review his existing Invoice Finance funding arrangement with his bank. He was particularly unhappy at the fees/charges, the level of personal and business security required by the bank and the time it took to fund invoices.
We arranged a Spot Finance Invoice Funding facility, which was unsecured (no personal or business charges therefore), more cost-effective and payment of invoices were made in 24 hours!
The client has been using this more flexible, cost effective and easy to use facility for over 24 months now and subsequently the turnover has increased to £15,000,000.
Naturally, N & T have been working with the client to date on other cost-effective funding solutions for his expanding business.
Look no further than N & T Consultants Ltd to help you find the right Invoice Finance facility.
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