FM14740 - Pre-Receivable Financing
The client was in need of funds to fulfill numerous recurring purchase orders for medical supplies in both the UK and USA. Truss stepped in to support the client by providing funds directly to their manufacturers and suppliers, enabling them to produce the necessary products. Additionally, Truss facilitated the client's connection with a factoring company, who provided funds to the client once the products were manufactured and the client established standard payment terms with their buyers, known as end debtors. In this deal, the factoring company served as the exit strategy for Truss, ensuring a successful financial arrangement for all parties involved.
Total Credit Facility: $5,000,000+
Total Expected Revolving Line: $85,000,000+