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.
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.
