Invoice Finance -
Welsh Engineering Company – Professional Introduction
We assisted this business in acquiring an invoice finance facility.
Opportunity:
This was a new business, requiring working capital to fund contracts in place. They had limited finance options due to the sector the company operated in, and to its background.
Approach:
A joint meeting was held with the client and their accountant to review the business plans and forecasts, in particular cash-flow. The client was also introduced to a trusted party with regards to legal advice.
Solution:
Bathgate introduced the client to an invoice finance funder who we knew could deliver on providing the necessary facility for both the current needs and future plans.