Shoe Wholesaler – Invoice Finance Case Study
After being recommended to us by an existing Ashley client, the family run businesses needed help getting their cash flowing…
A big change
A 150 year-old shoe company went through a major restructure, moving away from selling through their own retail units- and daily payments- into concessions stores and having to wait 14-30 days for payment.
This quickly hurt the family run business- they needed to get their cash flowing again.
Ashley steps in
After a visit from an Ashley representative, an Invoice Finance Facility with a £75k funding limit was quickly put in place and the shoe company was able to breath easy and establish a good relationship with their new customers.
No looking back
Change can be scary, but with the right partner, solutions can be found. Now the business can unlock funds upfront from their unpaid invoices, to help any cash flow issue and support growth.
Here’s to another 150 years!
Even though Stuart needed help with cash flow he was sceptical about funding. Now he wishes he’d done it sooner!
These guys needed a lender who could see the good in their business, not dwell on current issues.
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