Debtor Finance at record speed

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This technology distribution business required a Debtor Finance facility to be set up quickly, and were delighted with the result

Record Speed Debtor Finance

The Situation

Despite negative growth due to losing two key vendors, this publicly listed technology distribution business had implemented a turnaround strategy and had projections of profitability.

The bank had withdrawn their support, however, and with mounting pressure from creditors, a Debtor Finance facility was required to be set up in a very short period of time.

Classic Solution

  • Confidential Debtor Finance Facility
  • 85% advance rate
  • $3.5M facility
  • Working capital to support business growth and payout existing bank debt
  • 5 day turnaround including approval, documentation and settlement

Find out more about how Confidential Debtor Finance can help your business!

Get in touch today