RLS Option for a Short Term Funding Requirement

Opportunity:

The client was switching invoice finance funder who could offer significant cost savings, but there was a reduction in funding generated.

Approach:

The client felt the need was short term, had been affected by Covid and preferred to keep personal guarantee commitments to current levels.

Solution:

A £150K Recovery Loan was drawn, with no personal guarantee required and the option for early repayment with no additional charges.