Tough as it is making a sale, it’s even tougher now getting paid on time and in full. How can invoice finance help your business through these difficult times?
Times are challenging, businesses the length and breadth of the country have knuckled down and worked extra hard to keep costs down and efficiency high. You’ve fulfilled your side of the business deal, cut costs to the bone and passed these savings onto your customers in the form of incentives and discounts. You’ve done anything to make the decision to use your company that bit easier.
Now what about your customers? Are they matching your commitment to the deal? Are they all paying you on time and in full? It might seem unfair but these days it’s not uncommon for companies to delay payments until the very last minute. You may even be faced with a situation where a customer that owes you money goes bust.
What if you have money trapped in unpaid invoices and delayed payments? Of course you need that cash to operate, nobody can survive for long without profits and working capital that allow you to run your company properly. Who can you turn to?
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