Case Study One Off Cash Flow Fix For A Marketing Agency
One-Off Funding
Many companies do not want to be tied into funding arrangements long-term, and there are very short-term deals available. An example was a Marketing Agency that we were able to assist recently. One of their larger customers was slow to pay and they were looking for a short-term cash flow fix. They had approached their high street bank but they had not been able to help them.
Single Transaction Invoice Finance
We put them in touch with an invoice finance company that specialises in funding single, one-off transactions, for short periods of time, without any contractual lock-ins to ever use their service again. This appealed to our client who was able to generate a substantial amount of cash for a short period of time, and as the facility was confidential, their debtor didn't even know that they had used an invoice finance company.
Funding Options For The Future
The great news for our clients is that they now have this funding option in place, should they ever need temporary cash flow help in the future, however, they have absolutely no obligation to use the service ever again - the ultimate flexible funding solution.
Further Resources
For help please call Sean on 03330 113622.
For more, free, online resources regarding selective financing arrangements:
- Case Study - Selective Debtor Finance
- Case Study - Spot Factoring
- Product guidance - Spot Factoring
- Article - Open-Ended Contracts & Short Notice Periods
- Article - Advantages & Disadvantages Of Invoice Auctions
- Article - Selective Invoice Finance & Auctions