Getting Funding Quickly – Factoring Facilities
Factoring was the route that the company who contacted us late in the month wished to take to finance their expansion plans and they wished to proceed quickly. The factoring company that we introduced them to, visited them two days later and the facility was signed, sealed and setup by the last day of the month.
A different enquiry from a new start company received on a Friday night said that they had every aspect of the new business in place except the funding and asked whether we could move quickly. The factoring company were on his doorstep on the Monday morning and confirmed their offer by fax later on that day .