An independently owned garden centre recently won an exciting contract with a large landscaping company. As part of the contract, the garden centre will be supplying plants for large residential and commercial builds.
The business owners' only concern was that their new client pays invoices on 60-day end of month terms. Longer payment terms can put pressure on a small business' cashflow and so they decided to apply for invoice finance through Satago in order to fund their new project.
Satago approved a £50k invoice finance facility which the garden centre will use to buy the products they need to fulfil their new contract and continue growing their business.