How to Manage Cash Flow ProblemsJul 01 2016 in Business Cash Flow
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, business and personal services, construction, and accommodation and food services.
Cash flow is the life line of any business
At BCashflow Positive we understand that cash flow is the lifeline of any business, like fuel to an engine, a consistent cash flow keeps your business going while helping to achieve growth.
How debtor finance works?
Our Debtor Finance facility can provide your business with constant cash flow by releasing the cash tied up in your unpaid invoices. Up to 80% of the invoice face value is advanced in as quick as 24 hours. The remaining 20% is credited to you as soon as your client pays. Click here to learn more about how it works.
Benefits of a predictable cash flow
With a more predictable cash flow you can get on top of your operating expenses, pay your staff on time, take on more business and most importantly grow.
Why BCashflow Positive?
At BCashflow Positive we also pride ourselves on providing personable debtor finance solutions to our clients. With a national footprint and offices in Sydney, Melbourne and Perth, you will be dealing with our friendly and experienced team. Click here to learn more about us.
Our simple and fast debtor finance service grows with your business without the need of property security. So the more sales you make, the more cash you can get.
So don’t wait 30, 60 or even 90 days to get paid. Call 1300 937 292 and convert your invoices into instant cash flow now.