Venture Finance has provided two former employees of Academy Print Solutions, a Yorkshire based printer, with a funding facility helping it to buy the business back and safeguard the jobs of 18 employees, after its parent company put the business into administration. Venture’s solution included Confidential Invoice Discounting and a Small Firms Loan Guarantee (SFLG) which provided important working capital to quickly restart the business and preserve its customer relationships. The Print Academy was introduced to Venture through one of its business advisors and the independent invoice financier wasted no time in coming up with an appropriate funding solution. The Confidential Invoice Discounting agreement ensures The Print Academy will enjoy long-tem working capital, as it allows the business to release funding from unpaid invoices without waiting to be paid by its customers. read more