How is your business affected by the credit squeeze will depend on many factors, marketing, sales, productivity, smart management, diversify customer base, but above all liquidity.
As the world economic crisis is likely to continue and banks and financial institutions tighten their grip on small businesses borrowings, it is time to look for alternative funding.
Factoring is one of the best options, is a cost efficient way of keeping control over your cash flow, debtor’s management and the opportunity to develop your business without being locked in long term financing.
Factoring means freedom, flexibility to operate your business not only in uncertain times, but as a continuous source of finance, it provides you with the working capital when you need as you need, without exorbitant bank interest rates or second mortgages.
You’ll have the cash in your bank as soon as you invoice your clients for the work or services provided; the sooner you invoice the sooner you have the cash to run your business without having to arrange for extension on overdrafts when the big bills arrive. It is your money.
AR Cash Flow helps you to manage your debtors and keep a very close eye on debt collection. So stop worrying about holiday pay, business expansion or new equipment, we can help you get there.