Oxygen offers life-saving financial support

Oxygen offers life-saving financial support

A finance product aimed at relieving printers’ short-term financial has been launched by recovery and restructuring expert Leonard Curtis. Supported by a number of the mainstream invoice finance providers, Oxygen has been developed by the Factoring Advisory Service, part of the Leonard Curtis Business Solutions Group.

Paul Reeves, business development director at Leonard Curtis, said: “Many printing businesses have suffered because of the difficult trading conditions they have faced in recent years. For many SMEs it has resulted in a build-up up of uncomfortable levels of debt with the HMRC, key suppliers or landlords. Many businesses are struggling finding access to funding difficult or experiencing cash management problems often due to bad debts.??

“Oxygen is cashflow finance product which directly focuses on this issue. Its primary function is to provide firms with a tailored and flexible solution which will help them deal with short-term financial issues.”