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 31^st August 2023, with a view to completing the transaction on Friday 1^st 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)