UK - Infinity invests £2m in invoice discounting start-up

Infinity Asset Management has completed its first deal, investing £2m in invoice discounting and factoring business Positive Cash Flow Finance. Infinity's funding has been supported by a £25m debt package supplied by Lloyds TSB. Positive was established on 1 December 2007 and is headed by North West businessmen David Smith and Paul Chesham who were formerly at City Invoice Finance.