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£350k INVOICE FINANCE FOR A TRANSPORT CONTAINER HIRE BUSINESS

Transaction Details

£350k
FUNDED
Invoice Finance
PRODUCT
Transportation
INDUSTRY
Leeds
LOCATION

eCapital recently delivered a £350,000 Invoice Finance facility to support a growing transport container hire business as it continued to expand its nationwide presence.

With its hire fleet growing rapidly and ambitions to increase turnover, the business required a funding solution that would provide greater flexibility and allow it to reinvest in future opportunities.

As a new user of invoice finance, the company needed support in easing cashflow pressure and bridging the gap between delayed customer payments and upfront costs for supply orders.

By working closely with the business, eCapital structured a facility that improved cashflow visibility and provided the working capital required to support expansion.

The funding gives the business greater confidence to strengthen its offering, pursue growth opportunities and continue building its position within a competitive market.