Invoice Finance

INVOICE FINANCE ASSISTS E-BILLING SOFTWARE

E-billing Software Company with seven figure revenues approached PFC to investigate an invoice discount facility for monthly work completed for a large overseas pharmaceutical group.

The monthly invoice ran into six figures, and was processed in dollars on a 60 day period.  The client was initially reticent about pursuing invoice finance, believing the credit facility to be quite expensive and difficult to exit, however also realised how being able to receive a large six figure invoice on a consistent monthly basis would enable the business to accelerate growth and enhance cashflows.

Our account manager identified Aldermore as the strongest route to finance for this client, as the facility was incredibly competitive and would also include a commercially viable exit route should the client wish to move away from the invoice discount facility.

A couple of weeks later, following one single meeting, Aldermore rolled out a confidential invoice discount service for the client, ensuring the swift payment of the invoice each month, and also processing the dollar currency into sterling.