1) Problem Encountered
CL, a specialist food distributor, working on behalf of a major customer, with a turnover of £7m went into a Company Voluntary Arrangement just before its busiest time. The lenders reaction was to cut CL's funding to 50% of debtors and cap the facility at £700,000. Within a short period of time debtors would peak at £2,000,000. Scroll down to see the DIF Invoice & Asset Finance factoring Solution.

SOLUTION
By understanding the ongoing funding requirement of CL, DIF Invoice & Asset Finance was able to find an alternative source of funding. This provided an uncapped funding line against 97% of debtors and has provided CL with the working capital flexibility to make both the Company Voluntary Arrangement work and finance new business.

2) Problem Encountered
A new business start-up specializing in commercial stationery with no further security to obtain an increased business overdraft, funds where invested in heavy start-up costs, Directors had a hands-on approach, turnover was "going through the roof" but debtor payments had increased to an average of 60 days, great business but no cash! read on for the SOLUTION...

SOLUTION
The Directors had put more emphasis on sales rather than worrying about getting paid, DIF Invoice & Asset Finance negotiated on the clients behalf a quality control sales ledger providing valuable information on customers, but just as important 85% of the current sales ledger raising £100,000 in cash immediately, and a further 85% each invoice raised therefore resulting in the business being able to meet all current and future business commitments due to effective cash-flow.