We recently dealt with an Accountancy firm who has suffered immediate cash-flow problems as a result of the recent unprecedented global contagion. Clients who paid monthly direct debit retainers have cancelled and debtors which have been due into the firm have requested payment terms. At a time when clients need Accountancy support more than ever it is important that our client was using his time to support clients and not chasing bills!
JPM were able to arrange a quick turnaround loan, with deferred first payment allowing the firm to focus on helping clients through this trying time.
As a result of the A+ job that JPM provided and with so many clients indicating need for injection of capital right now, our Accountant client was happy to recommend JPM to a client in need and we were able to arrange a similar solution for the client within 48 hours.
We recently dealt with an Accountancy firm who has suffered immediate cash-flow problems as a result of the recent unprecedented global contagion. Clients who paid monthly direct debit retainers have cancelled and debtors which have been due into the firm have requested payment terms. At a time when clients need Accountancy support more than ever it is important that our client was using his time to support clients and not chasing bills!
JPM were able to arrange a quick turnaround loan, with deferred first payment allowing the firm to focus on helping clients through this trying time.
As a result of the A+ job that JPM provided and with so many clients indicating need for injection of capital right now, our Accountant client was happy to recommend JPM to a client in need and we were able to arrange a similar solution for the client within 48 hours.
Not one but two clients with immediate pressure taken off them. The businesses followed our advice to move quick whilst funding remains available and have kept one step ahead of their competition by doing so.
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