BCashflow Positive / Blog
Industry: Recruitment Location: Parramatta, Sydney Annual Turnover: $2,000,000 Accounts Receivable Factoring Limit: $300,000 Prestige Recruitment Pty Ltd was a startup corporate recruitment agency servicing candidates and clients nationally. With over 45 years of recruitment experience, the company although new, was experiencing rapid growth. Prestige Recruitment was looking at accounts receivable...Read MORE
Growing - Invoice financing can help With Banks tightening their credit policies and relying on bricks and mortar for security. Businesses are finding it more difficult than ever to finance their business and in particular growth. Businesses opting for a more flexible funding partner are considering invoice financing as a...Read MORE
Did you know that poor cash flow is one of the main causes of business failure in Australia? According to ASIC reports on corporate insolvencies 2014-2015, the top 3 causes of business failure are, inadequate cash flow, poor strategic management, and trading losses. Industries with the most insolvency lodgements between 2014-2015 were,...Read MORE
"We used BCashflow Positive when our bankers didn't want to know us, as we operate in an industry that was going to be affected by the introduction of the carbon tax.Traditional lenders were unable to deal with the uncertainty and risks.
BCashflow Positive understood the risk and assisted us with our cash flow, which was great"
"Getting instant funds from our invoices is crucial to our business success. It means we can pay wages on time and grow our business. The staff are also great to deal with."Owner, Recruitment, NSW
"We engaged BCashflow Positive to get on top of our ATO obligations. Constant cash flow allows us to meet our operating expenses and grow our business."Accountant, Earthmoving, QLD
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