Industry: Food Processing
Number of employees: 3
Overview of the Company: Founded two years ago, this small firm specialises in the processing of raw fish into fish products, which are sold on to other businesses.
Why they needed invoice finance: “As a young business, we need invoice factoring to keep the cash flowing through our business. Unfortunately, the first organisation we signed up with was almost useless, giving us lots of problems. That was before we’d heard of Touch Financial.” Director.
How invoice finance helped their business: “Without invoice factoring we wouldn’t be able to run the payroll or pay suppliers each month. If we let them down we’d struggle to survive, so it’s essential that we have cash coming in. That’s exactly what our new invoice factoring arrangement does for us — it keeps the cash flowing.” Director.
Customer comment on Touch and the lender: “The experts at Touch Financial introduced us to Bibby, who offered a better deal than our previous lender. They’re also much more efficient, staying in contact with us to make sure everything keeps running smoothly.” Director.