Invoice finance firm’s profits break through £1m

MANCHESTER-headquartered finance firm Positive Cashflow Finance has recorded a significant increase in profits as it adjusts to life without a private equity investor.



The firm’s management bought out Infinity’s remaining 20% stake in March to take full control of the business.



The confidence it showed has been underscored by the big jump in pre-tax profits in the year to November 2015 – up 80% to £1.4m.

This was on the back of turnover increasing by 10% to £4.2m.

David Smith, managing director said: “The market is as competitive as ever, yet we have had a record year.

“This demonstrates the value of the reputation we have built up with our introducer base and the quality of the service we provide.”



Positive employs 30 people across its offices in Birmingham and Manchester. It provides working capital facilities of up to £1m to businesses with turnover up to £10m.