Creative Capital has provided initial funding of £90,000 against selected invoices for this North West based online specialist DIY retailer. Using a range of online platforms the company is entering a phase of accelerated growth due to dynamic marketing and seasonal trends. As a result of strong online marketing and promotional campaigns, this young and rapidly expanding online retailer needed a fast and simple cash flow solution to fund stock investments. The provision of the initial cash flow injection and an ongoing facility which can be used as and when needed will support the company’s growth over the coming months.
The funding is being provided against the monies owed to our client by the online platforms acting as an agent. Creative Capital were pleased to be able to alter our usual contracts and methods of financing in order help this emerging company. The Selective Invoice Finance Facility we have agreed will enable our client to expand and push their business to it’s full potential.
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