Invoice Finance - Arranged £1.2M Facility

Industry: Lightning Protection 

Product: Invoice Finance

Facility size: £1.2M 

With combined experience of over 40 years in all aspects of lightning protection and earthing systems.  They install, test and maintain lightning protection and earthing systems across various sectors of industry such as hotels and police stations. 

The client was seeking a provider who had a strong understanding of their business model and future growth requirements as they felt that they had outgrown their previous provider, as they had already given notice to their incumbent provider, they needed a financier who could work quickly to the deadline.  Our team worked together to tailor a package that would help the organisation reach its business and growth aspirations.

Commenting on their new finance arrangements the Managing Director said 'I was impressed by regular updates from Regency and the speed at which they could move to put a proposal in place'

Corporate Sales Laura Ramsden noted 'Communication was key to provide the correct solution to the business and in a timely manner.  The close relationship we built with the team during this process allowed this to happen' 

In addition, bad debt protection was put in place to safeguard any risk of potential bad debt from customers. Besides providing cover against any credit approved customers getting into difficulty, the company can rely on Regency to help make them informed decisions about new customers.

If you’d like to find out more about alternative business finance facilities, we’d love to be able to help. Why not give Regency a ring today on 0161 280 4010, drop us an email at lynnew@regencyfactors.com or browse our website for more details on how our facilities work.