Local Textile Business

Local Textile Business

A textile business based in the East Midlands had been trading for over 20 years with a turnover of around £1.2m but were finding trade difficult due to the recession. Their bank refused additional funding so they had no alternative but to research other options. Embark Finance was able to arrange a confidential invoice discounting facility within two weeks with a large independent lender to the value of £100,000 on a short term basis. This facility has enabled the business to trade through their difficulties emerging stronger in the long term.

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