Fashion group plans for growth with tailored Invoice and Trade Finance solution

TRANSCRIPT:

RSNRR Limited is a clothing supply business and part of a group that recently made Ultimate Finance its funding partner of choice. Delighted with the funding and service they have received so far, the management team wished to also access a facility for a second business.

Regional Director Chris Mitcham met with director Rak Anand to discuss how we could support RSNRR and help it meet its ambitions. Chris says, “We have over 20 years experience in providing tailored funding, and we know that for companies such as this one, Working Capital Finance is a pivotal tool on the path to growth. We paired a £1.5m Invoice Finance facility with a £1.5m Trade Finance facility to provide Rak and his team with a robust cashflow strategy that will take the business to new heights”.

“Invoice and Trade Finance are great solutions that work together seamlessly. The business can drawdown funds tied up in invoices yet to be paid with Invoice Finance whilst also benefitting from additional peace of mind and potential bulk discounts as we advance payments for supplier invoices via Trade Finance”.

With the facility in place, the business looks forward to continuing progressing on its organic growth journey in the wholesale sector through welcoming new customers and expanding its existing debtor book.