The Jet Washing Company secures first time £100,000 invoice discounting facility from Amicus Commercial Finance
The Jet Washing Company has chosen Amicus Commercial Finance as it enters into using invoice discounting for the first time to accelerate its potential.
The Jet Washing Company specialises in exterior surface cleaning and utilises pressurised steam as part of its cleaning process. Set up in 2013 to provide a superior alternative to chemical and cold water exterior cleaning methods, its client base has grown rapidly through the South West, Bristol, South Wales. The business is now expanding its services further across the UK, for example, cleaning the walkways and No 1 Court in advance of the Wimbledon Championships.
Many of the projects that The Jet Washing Company undertakes are large, single contracts. The company needed to close the cashflow gap to enable further expansion, and invoice discounting was the natural choice to support the company in winning bigger and bigger contracts.
Andy Morris, Managing Director of The Jet Washing Company, said:
Amicus Commercial Finance impressed us from the very outset. They got moving quickly and our facility was in place in about a fortnight. That service ethic has been prominent ever since.
Mr Morris continued:
“When a business is experiencing good growth it only takes one or two invoices to be paid late to derail you. With Amicus Commercial Finance at our side, we know they are always quick to help and their system takes the load off the administration of the facility. This has been transformational for us and is opening up profitable new avenues for the future.