Invoice Finance Book

Offer Deadline:

SOLD

We are instructed by the Joint Administrators to seek a buyer of an Invoice Finance Book.  An urgent sale is sought, and we are inviting offers to be submitted by 10am on Thursday 31st August 2023, with a view to completing the transaction on Friday 1st September 2023.

The Opportunity

Please see salient details of the opportunity below:

  • 28 clients
  • Range of sectors from Recruitment / Printing/ Courier Services / Manufacturing / Construction / Other
  • Total Funding Limits of £2.4m (£400k largest)
  • Advance rates spanning 50% – 90%
  • Sales Ledger £2.2m with Approved Sales Ledger for Funding £1.6m
  • Current Funds In Use of c£1m (£236k largest client)

Sale Process and Further Information

On receipt of a signed non-disclosure agreement (NDA) the company name will be provided, and access will be granted to a virtual data room housing additional information.

Contacts

Nick Hughes MRICS

Senior Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu