Accelerated Payments recently provided an $800,000 Receivables Finance facility to a Canadian-based staffing Agency specializing in workforce solutions for the Oil and Gas sector. The client was seeking ways to expand its operations and capitalize on emerging contracts and new opportunities.
Recognizing the challenges faced by the client, Accelerated Payments stepped in with a flexible and bespoke solution tailored to their needs. We provided a $800,000 Receivables Finance facility, creating a substantial increase in its working capital. This financial boost alleviated the cash flow constraints that had previously hindered the client’s growth.
The client was able to confidently pursue new growth opportunities, secure larger contracts, and invest in key areas of its business. Access to this working capital ensured stability in the client’s operations and enabled them to strategically plan for long-term success without the looming concern of cash flow issues, or waiting for invoices to be settled by its customers.
Accelerated Payments is a global Invoice Finance provider that provides flexible working capital solutions to SME’s, Exporters and Mid to Large Corporates. With offices in Dublin, London, Toronto, and Florida, we shift the credit risk from our clients to their debtors, enabling us to fund a broader range of clients. With our unique and scalable Fintech platform, we’ve funded over €1.7 billion in invoices for more than 450 clients across 45 countries and 1,800 debtors to date.
At Accelerated Payments, we are always on the lookout to grow our Referral Partner network. If you are an introducer interested in partnering with us, our team is keen to hear from you – get in touch today.
