£280k Invoice Finance Facility for Recycled Paper Product Business

In Partnership with: Virgin Money

Accelerated Payments recently provided a £280,000 Invoice Finance facility to support a growing Recycled Paper Product business. This client is one of the leading producers of recycled paper products in Europe, developing and manufacturing items from 100% wastepaper. Their products are 100% recyclable, biodegradable, and compostable, serving as environmentally friendly alternatives to single-use plastics.

The Challenge

As the business emerged into new global markets, it required additional working capital support beyond its existing facility with our partner, Virgin Money. The client needed a financing solution that could support export territories and overseas subsidiaries, addressing the specific demands of international expansion.

The Solution

Accelerated Payments provided a flexible Invoice Finance solution that could seamlessly integrate with the client’s existing funding arrangements. This solution included:

  • Our facility provided essential working capital by funding the client’s main debtor, with the potential for further growth.
  • The facility was designed to support the client’s operations in new and existing export territories, ensuring uninterrupted cash flow.
  • Our solution worked alongside the client’s existing facility with Virgin Money, enhancing their overall financial flexibility.

The Benefits

  • Non-Recourse Offering: The business gained access to much-needed working capital to support its growth ambitions without the risk associated with recourse financing.
  • Selective Financing: The client could pick and choose which invoices to finance and when, providing financial flexibility without committing to long-term contracts or complex security arrangements.
  • Enhanced Growth Capability: The additional working capital allowed the client to pursue new market opportunities and support its expansion into global markets.
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