Amicus Commercial Finance provides £75,000 funding injection to printing specialist
Amicus Commercial Finance has completed a £75,000 working capital facility for a growing printing business, based in the South East.
The company had made a substantial capital investment in printing equipment last year and the additional capacity has resulted in a significant increase in new business. The directors met with their advisors to discuss alternative funding options and they were referred to Amicus Commercial Finance.
The digital printing specialist was established five years ago having recognised a gap in the market for a fast turnaround small run, cost friendly colour printers. Projects include a mixture of print on demand, traditional print with stock management and distribution as part of the service.
The Managing Director of the company said:
Invoice discounting is a great solution for our business and will allow us to maintain a real focus on growth. Amicus Commercial Finance explained everything clearly to us and made us feel completely at ease.
The facility couldn’t have been any easier to use and was set up very quickly. We simply click on a secure link and the Amicus Intelligent Cashflow software does the rest. It syncs to our QuickBooks Desktop accounting software automatically in the morning and again in the evening, ensuring we can draw down our cash whenever we need it. We don’t need to do anything else. There’s no further admin necessary and no additional work for us to do, to provide paper trails.
We were delighted to see that Amicus Commercial Finance demonstrates the same principles as we do in looking to build lasting customer relationships. Like us, they believe that service drives customer loyalty and retention and that there is no need to have protracted contractual lock-ins. I would highly recommend Amicus Commercial Finance to any business owner looking to manage their cash flow effectively and accelerate their growth.