Regency have provided a £1.5m invoice finance facility to Manchester-based business

Regency Factors PLC has recently taken on a new client in Manchester who provides man guarding and key holding services for customers all over the UK. Their client also provides ongoing hosting services for websites along with support for ecommerce for retail customers.

The £1.5m invoice finance facility will increase their cashflow by releasing the capital tied up in unpaid invoices that they feel can be put to use to grow the business. The client would like to expand into the provision of CCTV services to their current customer base and they feel this should be possible now with the stability of the invoice finance facility from Regency.