£2.4M INVOICE FINANCE FOR AN IT TECHNOLOGY BUSINESS
Transaction Details
- £2.4MFUNDED
- Invoice Finance
PRODUCT- Technology
INDUSTRY- Surrey
LOCATIONeCapital recently completed a £2.4 million Invoice Finance facility for a growing technology and managed IT services provider focused on the education sector.
Having expanded significantly in recent years through strategic acquisitions and investment, the business had established a strong national presence, a diversified customer base and a substantial stream of recurring revenues.
Introduced by professional advisers, the company required a funding partner able to understand the strength of the underlying business and provide a solution to support its next stage of growth.
By taking a pragmatic and relationship-led approach, eCapital structured a facility that provided cashflow confidence, supported immediate working capital requirements and created capacity for future expansion.
This transaction demonstrates the value of tailored invoice finance solutions in helping ambitious businesses move forward with confidence.
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- Invoice Finance