Steel supplier gets Full-Service Invoice Financing

Our client has a business supplying rebars and labour to install the steel prior to the concrete pour.

Working with the leading building companies nationally, the business has a range of suppliers. Whilst good for business, this does also mean that there are some challenges in handling accounts payable and receivables. With a current arrangement through their local accountant, the business owner could see this was not scalable.

A full-service Invoice Financing facility was recommended to enable accounts and collections to be provided as a service helping as the business expands. This business now has a facility in place and is looking continue to expand with new opportunities and secure lines of credit.