Ensuring that you have sufficient working capital finance in place on a day-to-day basis is essential to the future success of your business.
There are numerous ways you can ensure that you have the ability to pay your expenses, and make new purchases dependent on the industry you are operating in:
- Bank Overdraft facilities are essentially a business bank account that can be used for day to day transactions and can be drawn upon to a predetermined limit.
- Invoice Discounting, also known as Debtor Finance or Factoring involves borrowing money against the value of the debtors to your business.
- Trade Finance assists both importers (pay suppliers up-front) and exporters (supply your goods before you get paid) with cash-flow.
- Inventory Finance is borrowing money against the value of a business’s stock.