Industry Manufacturing and engineering
Product: IDeal™ invoice discounting
Facility size: €200,000
Established in 2005 the company provides a range of manufacturing and engineering services, specialising in structural steel fabrication and turnkey projects, civil engineering, roofing and cladding contracts and machinery attachments. Since the downturn the business changed direction and was now in its third consecutive year of profit. They had reached a point where they needed additional finance to support a key growth area and chose to work with Close Brothers due to the ease of use of our invoice discounting product, IDeal™.
Cash flow has been vastly improved and the business is on its way to further growth and reaching wider objectives.