Why Debtor Finance?
This established business was familiar with debtor finance having had a facility with a bank. Over time the relationship changed and the directors felt it was time to seek a new provider. The directors were keen to keep personal property out of the equation and to secure certainty of funding in order to avoid having to turn away business due to a lack of capital.
Why Scottish Pacific?
The key to this situation was Scottish Pacific's ability to respond quickly and offer a two-stage solution. The business had an urgent need for an immediate cash injection which was met by Selective Invoice Finance and followed by a longer term arrangement in the form of a full Debtor Finance facility.
To find out more about how Scottish Pacific can help your business, please visit our services page.