London retail company secures a funding package of £1.5m from Bibby Financial Services
Following recent success and experiencing high product demand – our client decided that their product range should be available to purchase wholesale, expanding from their own salons. The company is now preparing orders for some of the UK’s largest high street retailers.
To support this new revenue stream, the company required funding to fulfil orders and bridge the cashflow gap between paying suppliers and receiving payment from customers. It was at this stage, the business spoke to us to structure a funding package combining invoice finance with foreign exchange services, enabling the business to unlock working capital, while protecting against currency volatility.