CADA Design is an award winning specialist brand and interior design consultancy who have completed projects worldwide.
Details
Cash flow need: Funding growth; taking on larger clients
Solution: Selective invoice discounting
web: cada.co.uk
How MarketFinance helps
Working with large corporates, CADA has always seen issues with long and late payment of invoices. They work on large projects often involving both interior and graphic design with large bills. Waiting for the funds limited their ability to pitch for new projects.
Being a design agency, CADA is also low on fixed assets such as machinery or equipment which meant that it was hard for them to secure traditional funding. Instead of taking on debt, adding unnecessary liabilities to their balance sheet or giving up equity in the business, they decided to use an asset they already had: invoices.
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