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Confidential Invoice Discounting 2

Updated: 14th February 2007 (AM)

Turnover: £800k

This London based business had a couple of tough years of trading, but was forecasting a return to profit, and required an invoice discounting facility. They were particularly interested in the confidential aspect of a facility, however their financial position meant that the majority of discounters turned them down as unsuitable, and could only offer factoring. Here at Sterling Capital Reserve we deal with independent factoring companies who are flexible in their approach and tailor facilities to meet the needs of individual clients. We put them in touch with a discounting company that took time to understand the business. The process took a little longer than usual, but the client agrees it was certainly well worth the wait.