{"id":119,"date":"2011-12-03T09:29:55","date_gmt":"2011-12-03T09:29:55","guid":{"rendered":"http:\/\/www.smartfactoringquotes.co.uk\/blog\/?p=119"},"modified":"2016-12-30T01:49:10","modified_gmt":"2016-12-30T01:49:10","slug":"latest-client-engineering-company","status":"publish","type":"post","link":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/?p=119","title":{"rendered":"Latest Client &#8211; Engineering Company"},"content":{"rendered":"<p><a href=\"http:\/\/www.smartfactoringquotes.co.uk\/blog\/wp-content\/uploads\/2011\/07\/smart-factoring-quotes.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-full wp-image-8\" title=\"Smart Factoring Quotes\" src=\"http:\/\/www.smartfactoringquotes.co.uk\/blog\/wp-content\/uploads\/2011\/07\/smart-factoring-quotes.jpg\" alt=\"Smart Factoring Quotes\" width=\"250\" height=\"70\" \/><\/a>We were recently asked to help an engineering business who wanted to leave their existing funder who was a high street bank.<\/p>\n<p>The business taking the opportunity to implement a new strategy which was to focus on higher margins and employ a sales force to attract new customers.<\/p>\n<p>We were able to put in place a factoring facility with an 85% prepayment which was cheaper than the high street bank. In addition we were able to secure an <a title=\"asset refinance\" href=\"http:\/\/www.smartfactoringquotes.co.uk\/asset-refinance\/\">asset refinance<\/a> facility that provided a valuable cash injection into the business.<\/p>\n<p>For the <a title=\"engineering company factoring\" href=\"http:\/\/www.smartfactoringquotes.co.uk\/engineering\/\">engineering company factoring<\/a> was an ideal solution as not only did it provide essential working capital it also provided an outsourced credit control function.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We were recently asked to help an engineering business who wanted to leave their existing funder who was a high street bank. The business taking the opportunity to implement a new strategy which was to focus on higher margins and &hellip; <a href=\"https:\/\/www.smartfactoringquotes.co.uk\/blog\/?p=119\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[18,59,25,28,37,50,52],"_links":{"self":[{"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=\/wp\/v2\/posts\/119"}],"collection":[{"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119"}],"version-history":[{"count":2,"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=\/wp\/v2\/posts\/119\/revisions"}],"predecessor-version":[{"id":229,"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=\/wp\/v2\/posts\/119\/revisions\/229"}],"wp:attachment":[{"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smartfactoringquotes.co.uk\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}