From its offices in Manchester and Sheffield, City Invoice Finance (CIF) provides financial services to small and medium-sized businesses based in the northwest, Yorkshire and the East Midlands. CIF says it mainly provides factoring services but also supplies finance for management buyouts and buy-ins. Founded in 1998 with £5m in funding from Altium Capital, the company has raised its sales almost 80% a year from £791,000 in 1999 to £4.6m in 2002.

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Company details
CompanyCity Invoice Finance
ActivityInvoice factorer
Annual sales rise over 3 years79.76%
Latest sales £000s4,592

If applicable:

* supplied by company † annualised figure