"When we were looking for a funder to assist us with our working capital we wanted a financier that had the same philosophy of service and quality combined with a bit of fun - Calverton fitted the bill"
Gill Arnold, Director, Futureheads Recruitment Ltd
Touker Suleyman, famed for his role in Dragons’ Den, stated in a recent programme that ‘if a company runs out of cash, it’s dead’. But many businesses fail to appreciate the significance of this statement, instead concentrating on sales over cashflow. There is the old adage that goes ‘sales are are vanity, profit is sanity’. But actually it's cash that keeps a business alive and it is vital to business success that the owner-manager understands the basics of cash flow.
‘Blink and it will be gone’ is the response we’re hearing at the moment as people answer the question ‘What do you think will be different in 2017’.
If you have been with your current invoice finance company for a while it may be the time to look at other options in the invoice finance market to review your existing facility, and make sure that it is still the best one for you.
If you are considering invoice finance it is very important to understand the terms and how these can impact your business. We explain 5 invoice finance terms that you must check before entering into an invoice finance facility.
There are quite a few misconceptions about invoice factoring and many of these are due to a lack of knowledge and misinformation. We explain 4 common mistakes in our blog.