Product: Recourse Factoring with Bad Debt
Protection
Funding line: €5 million
Sector: Engineering
Region: Kerry

We funded our client who provide labour through sub-contract work in the engineering sector with a €5 million facility in place in order to help finance their business expansion and place an additional 350 staff across Ireland. With Bad Debt Protection on this facility our client is protects up to 90% of the value of invoices and is safeguarded them from the risk non-repayment.

Product: Confidential Invoice Discounting
Funding line: €1.8 million
Sector: Air conditioning and maintenance
Region: Co. Dublin

With our partner PTSB, we provided our Dublin-based client with a €1.8m confidential invoice discounting facility to help fund an MBO having recently switched from Ulster Bank when they exited the Irish market in 2021.

Product: Confidential Invoice Discounting
Funding line: €350K
Sector: Hospitality Sector refrigeration services
Region: North Dublin

Founded in 1990, our client had built up years of experience and a strong industry reputation. When the opportunity arose to continue their commercial growth through the acquisition of another business, we put in place a 350k facility for them to ensure steady cashflow in their existing business and support their expansion.

Product: Confidential Invoice Discounting
Funding line: €2 million
Sector: Cosmetics manufacture and wholesale
Region: Dublin City

We provided our client, an award-winning Irish cosmetics brand, with a €2m facility to keep up with explosive wholesale demand and growth of the business, including additional retail outlets. With our partner PTSB, we have helped our client progress with further expansion on a global basis, and at their own pace too.

Product: Invoice Discounting
Funding line: €3 million
Sector: Recruitment
Region: North County Dublin

Our client is in recruitment and works to place staff predominately in healthcare and hospitality. Following a recent MBO, our €3m facility has provided a steady working capital solution, and allowed them to continue placing staff across the country. For added peace of mind, they added Bad Debt Protection across their debtors ledger to protect against debtor insolvency and non-payment.

Product: Invoice Factoring
Funding line: €250K
Sector: Transport and logistics
Region: Meath

We provided our client with a 250k factoring facility to help our client with their working capital requirements following their business growth post Covid-19 and to meet their increased business costs since Brexit. This funding has allowed our client to increase their fleet of vehicles to over 30, and continue providing their specialised transport and haulage services across the UK and Ireland.