"MarketInvoice has been invaluable in allowing us to liquidate cash from longer term payers and reinvest the capital to help grow our business."
Ian Linaker, founder of Scaramouche + Fandango
Scaramouche + Fandango are a men’s body and skincare range who’s slick and vibrant no frills brand is all about high quality ingredients and high performance products. It all began in the living room of the two founders and less than two years on is a global business with products stocked in many of the world’s most exclusive department stores, including: Selfridges, Barneys NY, Harvey Nichols and Fortnum & Mason.
Cash flow is always a big challenge for manufacturers that have contracts with large UK and international department stores, many of whom operate on 60 – 90 day payment terms. This was especially true for a business with significant growth ambitions, like Scaramouche + Fandango.
"We would most definitely recommend MarketInvoice, without hesitation; they’re a refreshing change to what else is available on the finance market."
Selling to large department stores in the UK and abroad in Europe, Japan and America put a significant strain on cash flow.
We were able to fund their invoices across the globe because with MarketInvoice there is no restriction on the level of export sales. What’s important is the quality of the debtor, not necessarily the credit rating of the country.
"MarketInvoice has been invaluable in allowing us to liquidate cash from longer term payers and reinvest the capital to help grow our business. They’ve been incredibly supportive and offer a great level of flexibility."
Consequently, S + F were able to fulfill those orders and win larger tenders with more businesses, including a major airline.
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