Regency Factors PLC is pleased to announce we have recently taken on a new client in Essex who provides bespoke Information technology services for customers all over the UK. Our client works closely with their customers to provide the services they need, be it a piece of bespoke software or website design and maintenance. Our client also provides ongoing hosting services for websites along with support for ecommerce for retail customers.
Our client has taken a £300K invoice finance facility with us to increase their cash flow as there is capital tied up in their invoices that they feel can be put to use increasing their business and possible expansion. They also feel that the ability to provide longer credit terms will enable them to pitch for increased business as they have been unable to provide extended terms beyond 14 days.