Working capital and cash flow
Need cash flow that keeps up with growth?
Funding that smooths the gap between paying costs and getting paid. Options include overdrafts, revolving credit, invoice finance (borrowing against unpaid invoices) and trade finance for imports.
Who it suits
- Seasonal businesses
- Firms with slow-paying customers
- Importers paying suppliers before goods sell
What lenders look at
- Turnover and how quickly customers pay
- Debtor quality, for invoice finance
- Trading history and accounts
What to prepare
Tick them off as you go.
Questions to ask
- How is the limit set and reviewed?
- What fees apply on top of interest?
- Can the facility grow with turnover?
Everyone's situation is different. Lenders weigh things differently and small details change the answer. An adviser can tell you where you stand with working capital and cash flow and what to do next.
Talk to an adviserEvery situation is different
Tell us what you're planning and an adviser will work through your options with you.