Speaking from experience
Cashflow UK are experts in helping financial intermediaries find the right finance facilities to match the individual business needs of their clients. Find out how our services have recently improved the cash flow management for Blue Swan International Ltd.
Blue Swan International Ltd
Cashflow UK were approached by an asset finance broker based in Leeds (Richmond Asset Finance). They had asked several factoring companies they knew in the local area to look at financing the book debt of their Hampshire based client. The major problem was that a hundred percent of the invoices were from international trading which precluded a number of lenders from being able to fund the transaction.
The broker had given up and lent the company £30k of their own funds to help bridge a cash flow problem for the business. In return the broker took a debenture over the company.
The broker was then recommended to approach Cashflow UK, who assessed the information provided and met with the client to obtain a full understanding of their business. Using this information and their industry knowledge and relationships, Cashflow UK were able to place the deal with a factoring provider who was best placed to fund the business going forward.
The new lender repaid the broker the £30k loan and has advanced over £100k to this client. The broker now not only his original loan back but will also earn commission income on an ongoing basis from Cashflow UK. A win win situation.
If you have a client that would benefit from invoice finance, contact the expert team at Cashflow UK on 0800 132 156.
