Financing Receivables

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Our client

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.