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We were approached by a local professional contact to help fund the continued growth of a recently set up furniture retailer. The management team had experience within the sector and were looking for working capital funding to facilitate their continued growth, having initially secured investment to launch the business some weeks earlier.
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We arranged a £100,000 invoice finance facility to provide day-to-day working capital for the business, which had previously been funded out of its limited cash reserves.
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Factoring facility of £100,000 for new start furniture provider
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