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Touch Customer Testimonial
| Industry: Turnover: Number of employees: Region: Lender: Touch consultant: |
Transportation £350,000 3 Tyne and Wear Absolute Invoice Finance Alex Kyriacou |
Overview of company
Supply and transportation of timber to businesses throughout the UK.
Why they needed invoice finance
“The customer contacted us looking for funding for additional trucks and a loan to take on more staff. After speaking with the customer it was apparent that the problem wasn’t in their lack of cash in the business, all their cash was tied up in unpaid invoices.
We explored a few options but invoice finance seemed to be the best solution as it would help fuel growth and no extra collateral was needed to secure the finance.” Alex Kyriacou – Factoring expert at Touch Financial
How factoring has helped their business
“Our business has benefited a huge amount since we started using factoring, with greater cash in the business we have been able to take on more staff and grow the business a lot quicker than we had initially thought.” Customer - Company Director
Customers comments on lender
“After working with Absolute for three months our turnover suddenly jumped up and we thought we were going to be left short but there was no problem at all. Absolute advised us that the amount of finance available to us would grow in line with our business. Fantastic!” Customer - Company Director
Feel free to contact Alex if you have any questions regarding factoring or would like to compare quotes from lenders.
Alex can be contacted by telephone on 020 7920 0033 or by mailing him at alex@touchfinancial.co.uk.
