Consider a groundworks contractor who loses the best part of a month to rain. The site floods, dries out just enough to restart, then floods again, and the pattern holds for weeks. It is not a rare story, and it is not confined to groundworks. Bricklaying, scaffolding, roofing and concreting stop for the same reasons,…
read moreThe out-of-office replies have stopped. Emails sent in the middle of August are finally being answered, the diary is filling up, and quotes that went quiet in July are suddenly live again. For any business that invoices other businesses on credit terms, this is the point at which the year starts moving again. It is…
read moreA broker said something to us this week that is worth addressing head on. Talking about selective invoice finance, he said: it is the same as a loan, really. It is not, and the difference is not a technicality. But it is a fair thing to think, and it is probably what a lot of…
read moreWe are seeing something in the market at the moment that is worth naming plainly, because it is doing real damage to otherwise healthy businesses. It is called loan stacking. A business hits a cashflow squeeze and takes out a short-term loan to bridge it. A few months later the pressure returns, so it takes…
read more...And What to Do About It Profitable businesses close every year, not because the work dried up, but because the cash didn't arrive in time to keep the lights on. Around 50,000 UK SMEs fail annually for exactly this reason, and sixteen close every single day. The frustrating part is that cashflow problems rarely appear…
read moreThe Funding Option UK Businesses Forget They Already Have Here's a question worth asking yourself honestly: when your business last ran short of cash, what did you do? Most owners give the same answer. They called their bank. They dipped into an overdraft. They delayed paying a supplier, or quietly subsidised a large customer's tardiness…
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