Touch Customer Testimonial
| Industry: Turnover: Number of employees: Region: Lender: Touch consultant: |
Recruitment £1,200,000 10 Kent Lloyds TSB Commercial Finance Katerina Nicolaou |
Overview of company
Established in 2004, the customer specialises in providing recruitment and consulting services to the mobile telecommunications industry. The customer was looking for a factoring solution for their recruitment operations which is split 50/50 between temporary and permanent placements.
Why they needed invoice finance
“When the customer initially contacted us they were factoring with one of the large banks and had issues with the level of service they were receiving and also felt they were paying too much. We put them in contact with three providers and they decided to go with Lloyds." Katerina – Factoring expert at Touch Financial
How factoring has helped their business
“Factoring is essential for our recruitment business as we pay our temporary staff on a weekly basis and invoice a month in arrears. Needless to say this places a great strain on our cash flow and without invoice finance we would struggle a bit and probably have to cut back on staff.” Customer - Company Director" Customer - Company Director
Customer comments on lender
“We receive a much better service from Lloyds than we did our previous lender. They didn’t offer us the best rates, but the level of service is pretty good.” Customer - Company Director
Feel free to contact Katerina if you have any questions regarding factoring or would like to compare quotes from lenders.
Katerina can be contacted by telephone on 020 7920 0033 or by mailing him at katerina@touchfinancial.co.uk.
