Deals of the month- April
Take a look at some of the finance packages agreed in April…
£50k for property firm
A Bristol-based property maintenance company has released £50,000 upfront from a single invoice to provide working capital while it waits for customer payment. The company can continue to use the single invoice finance facility in the future as and when required without being tied into a long-term contract.
A delicatessen specialising in Turkish and Polish products has secured a £10,000 loan to keep cash flowing and buy in a whole new range of stock for summer.
Where there’s a will …
A £20,000 business loan has been paid out to a will writing and trust service to fund the cost of a marketing seminar and a installing a new customer relationship management system.
Raising the bar
A publican who is an existing Ashley client has received a £40,000 cash advance to to allow him to refurbish two of his premises in Kent and keep the tills ringing into summer. Meanwhile a £4,000 business loan will allow a Warrington bar and restaurant to make refurbishments and give the premises a fresh appeal.
Back in the driving seat
A Barnsley logistics company has secured a £200,000 invoice finance facility to cover the cost of staff wages while waiting for customer payment. Meanwhile £25,000 has been paid out to another logistics firm which has had problems with late payment. Both firms will now benefit from having a dedicated client manager to take charge of credit control, reduce late payments and steer their cashflow in the right direction.
A mobile coffee chain is expanding with the help of a £20,000 business loan. The funding will allow it to open new units and ‘espresso’ itself in other areas!
Bravo as bar expands
A £10,000 pay-out will allow a London tapas bar to fund an extension and keep the cash – and the sangria – flowing.
All under control!
A North Yorkshire company which recruits apprentices has approached Ashley for help with credit control. As part of the £15,000 invoice finance facility which has been put in place, Ashley will chase outstanding debts, and support the company’s cashflow to ensure it can keep up its weekly payments for ‘pay per click’ campaigns