It has been announced that the parent company of Cattles Invoice Finance have put it up for sale and we understand that they are hoping to conclude a deal by the end of the year.
It is always a difficult time for the clients of a factoring company that has put itself in the shop window as they try and tidy up their portfolio as many of what they consider to be borderline cases are often terminated and others may see their rates increased in an effort to make the portfolio look as healthy as possible.
Needless to say until matters become clearer we cannot recommend Cattles Invoice Finance to any of our clients as we don’t know what the future holds for them.
Ian
Posted under cattles invoice finance
This post was written by Ian on September 11, 2008
