NRG Illumination switches to Amicus Commercial Finance for £350,000 growth funding facility
NRG Illumination Ltd (NRG) a Wellingborough based importer and wholesaler of industrial lighting, has secured a £350,000 invoice discounting line from Amicus Commercial Finance to drive further business growth.
Formed in 2009, NRG has developed rapidly from its origins as a 110v lighting supplier to master new arenas. The business now manufactures bespoke lighting solutions for a number of prestigious clients, predominantly in London, to complement its growing range of standard 240V LED fittings.
NRG chose Amicus Commercial Finance from a long list of 12 providers, not only for its commercial approach and flexibility, but also for its hassle-free systems.
Daniel Crickmar, Managing Director of NRG, said:
We operate in a highly competitive sector and we are growing fast. We need our cash to keep pace with our expansion and invoice finance is a natural choice for us. But we needed much more than many providers were prepared to offer.
Not all invoice finance providers are the same. Amicus Commercial Finance demonstrated that they could provide the facility we needed, together with a service-led approach that worked for us. Their hi-tech solution ensures that I am not bogged down in duplicating data entries into a financier’s system.
The Amicus Intelligent Cashflow system links to our accounting software giving me back one of the most valuable things in my day – time. I would rather be out selling than doing admin and Amicus helps make that happen.