£600k CONFIDENTIAL INVOICE DISCOUNTING FOR A MECHANICAL ENGINEERING BUSINESS
Transaction Details
- £600kFUNDED
- Confidential Invoice Discounting
PRODUCT- Engineering
INDUSTRY- South
LOCATIONeCapital recently delivered a £600,000 Confidential Invoice Discounting facility to a long-established mechanical engineering business, supporting the refinance of its existing funding arrangement.
The business required a funding partner that could provide a competitive solution while offering the agility, transparency and relationship-led approach needed to give confidence throughout the transition.
Through detailed meetings, open discussions and a demonstration of our systems and processes, eCapital provided a clear understanding of the facility and how it would support the company’s requirements.
The strength of the relationship built, combined with a tailored funding structure, gave the business confidence in moving its funding to eCapital.
The facility provides ongoing working capital to support operations, strengthen cashflow and help the business continue pursuing its long-term growth ambitions.
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- Confidential Invoice Discounting