Our client was a city centre courier and transport service for business - and that was the stem of the cash flow problems!

Our client was the company owner and was managing the sales ledger and collection themselves - clients were paying their bills on a monthly basis while the staff was being paid on a weekly basis. This caused a monthly shortfall in cash.

The second problem was that management of the sales ledger was proving to get too much for the owner and an outsourced sales ledger management solution was also needed. We put our client in contact with a top invoice factor and sales ledger manager who created the complete finance and invoice management solution allowing our client good cash flow and more time to manage their business.

Our client can now afford to take on more accounts with larger companies because their cash flow is secured due to factoring.