Quantum Electrical Gains £2 Million Invoice Discounting Facility from Cynergy Bank

We are excited to say we are working alongside Cynergy Business Finance to support our regional growth plans.

This facility will aid our future growth plans.
After growing the annual turnover of the business to in excess of £10m over our initial five years of trading, we needed a new funding partner that could provide the crucial working capital needed to continue delivering on our growth plans. Introduced by Turpin Barker Armstrong Accountants, CBF were able to swiftly provide an Invoice Discounting facility that could grow and adapt with our business.

We are looking to further develop Quantum over the next five years, including more branches across the South of England and a new e-commerce offering.

Read more on the deal below!

 

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