Match options has signed a credit line with 4Syte Funding,who are backed by Aldermore bank, to enable Franchisees access working capital from day one when they generate an invoice.
Commenting on this development, Michael Celestine ,Match Options operations director stated; “ Our experience is that franchisees are very hard working and are exhausting their initial projected working capital very fast. We are very pleased that 4Syte were able to put in place a facility that addresses this constraint. As long as our new franchisees are able to settle down fast and start generating revenue, funding is available from day one, reducing need for high injection of own/personal funds…”
Most franchisees find it difficult to access working capital since they are normally new companies without a financial history.
Paul Barker, Commercial Director at 4Syte Funding stated that “ the current funding market requires funders who are responsive to their clients needs such that they are flexible and able to come up with a bespoke solution fitting a particular situation. We are happy to support the Match Options franchise network in their fast growth in the market..”
Match Options is a member of bfa (British Franchise Association), REC (Recruitment & Employment Confederation) and is regulated by CQC (Care Quality Commission).
For further details about the Match options franchise, please visit http://matchoptions.co.uk/franchise/welcome-to-match-options-franchise
Match Options, 246 Trelawney Avenue, Langley, Berkshire, SL3 7UD
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