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Due to the unusual nature of their invoicing, negotiations with a potential financier collapsed for a management training company. After they approached Creative Capital, we were able to quickly understand their processes and come up with a solution that would work for all parties – us, our customer, and their debtors. Finance was required quickly in order to ease creditor pressure which had built up due to unpaid VAT.
By putting in place a Selective Invoice Finance facility we have allowed HMRC to be paid off, as well as give access to finance to enable our customer to take on larger contracts and manage their cash flow effectively. Many of their clients insist on 60 day payment terms and so the ability to draw down funds as and when required is key to business growth.
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If you require any help submitting your application, please call us on
+44 (0)161 905 0412
We are available Monday-Friday, 09:00 - 17:00