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1PM Case Study

Foremost security:

Paul was first attracted to Gener8 Finance because of their ability to be flexible in their initial arrangement, but was pleased to find that these characteristics weren’t just a show put on to attract him in the first instance.

With over a decade of experience as the Director of a company providing security services and personnel, Paul Ritchie of Foremost Security is familiar with the challenges associated with building and growing a business from the ground upwards. Historically, security companies have a difficult job of ensuring their cashflow remains smooth from one month to the next. Whilst staff members are typically paid weekly, clients are usually granted 30 days on their invoices from the end of the month, making invoice factoring an essential choice for any such companies wishing to prosper and grow in a difficult economic climate.

1pm plc (LON:OPM), established in 2006 is an independent provider of finance facilities to the SME sector. The 1pm plc group offer a full range of business finance solutions to the UK market from asset finance, hire purchase, commercial loans through to invoice finance and factoring. Gener8 Finance Limited is a wholly-owned subsidiary of 1pm.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.