Monday 29th Oct 2018
£1,000,000 invoice discounting facility set up to help with the expansion of a freight forwarding company
20 May 2014
A northern based freight forwarding company has experienced a strong period of sustained growth within the past 2 years; however this has put additional strain on their cashflow. In order to counteract this they sought the help of Hitachi Capital Invoice Finance, who were able to put an invoice discounting facility in place with a funding limit of £1 million.
Although they already had an invoice discounting facility with another provider they found that the funding limit wasn’t high enough to support their needs as they grew and the levels of flexibility and client service did not match what the price they were paying. As a result they sought quotes from a range of alternative invoice finance providers and came to the conclusion that Hitachi Capital Invoice Finance were offering the best product and service for their company’s needs.