This case study provided by IFT Corporate Partner Credebt highlights how the use of options such as invoice financing and debtor book management in conjunction with broader measures work in practice and can secure business turnarounds.
The case study outlines how Credebt supported a food manufacturing business in Northern Ireland to restructure their business, supporting cash levels and enabling revenue growth.
There are numerous options available for viable businesses experiencing challenges, including asset-based lending options such as invoice finance and businesses and professionals working with them should seek expert support to understand what their options for funding and support with credit control and debtor book management might be.