The customer is a well-respected wholesale supplier in the food services industry.
They recently underwent a self-funded expansion into a regional area to meet service and product expectations. They sought a cash flow injection to help the regional warehouse find its feet and prepare for full-scale operations.
Debtor finance helped the business to pay employee wages, finalise statutory obligations and fund the increased need for stock as the business grew. Our debtor finance facility is being utilised as a long-term solution to their working capital needs.