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• 10 Jun

  Some Nice Words About Us From A Food Supply Company

  

  Some nice words that we have received from a prospect that we are assisting.

  Feedback From A Food Supply Company

  The company is in the food supply sector, and they have been seeking invoice finance and asset finance, to support the financial needs of their business.

  This is what they said about us:

  "Thanks for all your help - if anyone is looking for finance I'll send them your way.".

  We always say that the greatest advocacy of a satisfied customer is if they are prepared to recommend other companies to use our service, so this is really great to hear.

  Invoice Finance And Food Supply

  Food supply is one of the sectors that is still doing well at the moment. Purchasing food is one of the few essentials that has continued, and indeed increased during the UK lockdown. There was the initial "panic buying" that came at the beginning of the UK lockdown. This was followed by a period when people have been unable to go out to restaurants, so in some cases they have ordered some additional treats within their regular food shop. The fact that we have all been locked up at home, not buying lunches out and other foodstuffs has in itself increased the shopping bill for many households.

  Invoice finance is ideally suited to the manufacture, wholesale and distribution of foodstuffs. It enables businesses to release the cash from their sales, in order to pay for raw materials e.g. ingredients. Businesses in this sector can also have high equipment costs, for the machinery that is required for production. This can be funded via asset finance, which enables the purchase of an asset e.g. a piece of machinery, which is then paid off over an extended period of time. Food supply can require numerous capital expenditure items in order to facilitate production and distribution, and these are suited to financing via asset finance.

  By Glenn Blackman