5 years ago

Accelerated Payments Secures €20 Million Debt Financing for Expansion

  • Accelerated Payments, a global SME invoice discounting platform, secured €20 million in senior debt financing from Channel Capital Advisors

  • The financing will support the company's growth plans in Ireland, the UK, and other European markets

  • Accelerated Payments provides working capital finance to businesses without requiring personal guarantees, liens, long-term contracts, or paperwork

  • The company is based in the UK, Ireland, and Canada.

      • ProblemFinancial Services

      "Businesses often face a cash flow problem when their customers are slow to pay invoices. This can make it difficult for businesses to grow and manage their day-to-day operations."

      Solution

      "Accelerated Payments provides a platform that allows businesses to get paid faster by discounting their invoices. This gives businesses the working capital they need to grow and manage their operations."

      Covered on