Your business questions
How can I improve short term cashflow?
1. Chase your debts
It’s not rocket science. Pick up the phone, speak to customers and ask them why they haven’t paid and when they’re going to pay.
2. Don’t rely on your bank
When your bank won’t extend overdraft facilities, talk to us about alternative ways of raising cash.
3. Consider factoring or invoice discounting
These can give you 90% of the invoice value immediately – ask us about how to make best use of factoring.
How do I improve long term cashflow?
1. Debtor management
Learn how to manage debtors nearly due, due or overdue – our team can help.
2. Issue invoices promptly
It gets your invoices in a customer’s system more quickly.
3. Cashflow forecasting
Predict the peaks and troughs in your cashflow. Helps you to plan borrowing or know when surplus cash is available.
4. Consider asset re-finance or sale & leaseback
We’ll help you use your equipment assets to release cash.