We have recently assisted a company in Manchester arrange a factoring facility.
Our client is a security company with a single debtor. While paying wages weekly they were only getting paid monthly at best by their customer who was a larger security company based in Birmingham.
We used a Manchester factoring company because the requirement was urgent so they could react quickly. We knew which local lenders could assist a security company with a single debtor.
The solution was implemented quickly to the satisfaction of our client.
