EDT Automotive ’emerges from April troubles’ for opportunities ahead
Award-winning engine decontamination specialist EDT Automotive has battled through its toughest-ever month as the effects of the coronavirus hit home hard. Trouble flared when their invoice factoring provider blocked access to funds without notice. “We were trading at only around 30 per cent of our agreed facility,” said EDT founder and managing director David Holmes. “Yet we suddenly couldn’t access our own funds.