Aldermore Invoice Finance, the UK Bank providing Factoring and Invoice Discounting services releases to day a monthly update for March. They have the capabilities to provide multi finance options: invoice finance, asset finance and/or a commercial mortgage facility then please contact us to explore how we could tailor a funding facility.
“£3M Invoice Finance facility: A specialist transporter business based in Scunthorpe received funding to refinance their business. Aldermore provided a £3M funding line that has not only secured the future of the company but has enabled them to win valuable new business.
£1M CID facility: Two manufacturing companies based in the North West required confidential invoice discounting to refinance their businesses from RBS Invoice Finance. Aldermore provided a combination of two Invoice Discounting lines, each line circa £400,000 plus a £250,000 overpayment secured against a commercial property, ensuring the company’s future.
£500,000 Invoice Finance facility: Aldermore have supplied an engineering recruitment company in Birmingham a funding line of £500,000 to expand their growing business.
£400,000 IF facility: A Midlands-based wholesale specialist meat provider received £400,000 to fund a new division of this long established family business.
£350,000 IF facility: A manufacturer of furniture frames with a head office in Derby received funding from Aldermore to the tune of £350,000 to enable them to keep the business trading.”