Accelerated Payments provided a £1.5 million Selective Invoice Finance facility to an Offshore Systems Manufacturer. Our client holds a prominent position in the manufacturing of marine aids to navigation and boasts exceptional expertise in solar-powered applications within the industry.
Recognizing the urgent need for a swift and effective solution, Accelerated Payments promptly provided a flexible funding line tailored to support the client’s operations in its overseas markets. This solution was designed to alleviate the immediate cash flow constraints and support its long term growth plans.
Our solution provided the client with essential working capital by facilitating funding against its top five export debtors, ensuring that its international revenue streams remained strong and uninterrupted.
Additionally, we extended funding against ten of its domestic clients, further bolstering the client’s working capital and enabling them to manage both international and domestic operations more efficiently.
Our approach not only addressed the immediate financial challenges but also empowered the client to maintain momentum in its expansion efforts, supporting a sustainable approach to growth.
