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.

Daniel continues:

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.