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NEW INVOICE FINANCIER INCREASED FUNDING LEVELS

Licensed UK Insolvency Practitioners FREE Meeting for Company Directors We can help with serious company debts, HMRC and creditor pressure, VAT/PAYE/Tax arrears, cashflow problems and raising finance.

NEW INVOICE FINANCIER INCREASED FUNDING LEVELS


A property maintenance and shop-fitting business with annual sales in the region of £750,000. Despite the challenging economic climate they had a very strong forward order book. The business had used a bank-owned invoice financier but the levels of finance generated were inadequate. There were some issues from a previous business caused by a falling out between directors which led to claim and counter claim along with HMRC arrears.  With our help, we were able to give the incoming invoice financier comfort as to the nature and validity of the claims and make suggestions as to how the HMRC position could be best resolved. 

The outcome was that the new invoice financier provided funding levels materially in excess of those provided by the previous lender.

Contact our team

Jonathan Munnery
Andrew MacKenzie
Julie Palmer
Thomas Mckay
Keith Tully
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