Facility stabilises client’s cashflow, allowing business growth
The client are a multi-million $ digital marketing services company. They are leaders in the mining and manipulation of big data in the retail finance and travel sectors, generating leads for some of the world’s best known retailers.
They are required to pay up-front for work carried out on behalf of their clients (for example, funding Google Ad Words) resulting in a significant gap between the outgoing funds and payment from their end customer.
Woodsford TradeBridge provide a facility to bridge this gap and pay their supplier invoices as they fall due. This stabilises the client’s cashflow and allows the business to concentrate on growth.
You can find out more about this finance solution and how it could help your business on our Growth page.