A UK based financial services provider.
What was the problem?
The client had a solid business but a lot of capital was tied up on their balance sheet as receivables owed by their customers.
How we helped:
B&C provided a streamlined service for the client by enabling online checking of invoices which had been issued and utilising direct access to the borrower’s accounting system. Combined with physical checks, this enabled a swifter lending process which could be competitively priced and also provided real time monitoring for the bank.