Friday Feature – Funding Placements Abroad

St Lucia

This week Fund My Contractor was asked by a potential agency if we could fund placements in St Lucia as they were struggling to find an invoice finance company to provide funding.  We quickly assured them that we could provide funding and credit insurance for companies in St Lucia and we have started the process of credit checking their clients.  We were also asked if we could help set up an invoice finance arrangement for them once they started making placements in St Lucia but we explained that due to the concentration of export debt to one country that this could be impossible. They were happy to continue proceeding with using Fund My Contractor in the hope that they could also start finding UK placements while working on the placements in St Lucia.