Economic figures are looking better? At least that was the message yesterday. But according to a new report business owners don’t necessarily see things getting better just now.
According to a new report by the Asset Based Finance Association and SME Invoice Finance, 85% of SMEs say they still feel like they are operating in a recession even though, officially, the UK has been out of the recession for nearly a year. [Read article here]
So here’s a humourous video to watch and something to consider: Yes, it is invoice finance or factoring, but factoring does, perhaps, provide the most appropriate source of finance for businesses looking to grow – flexible finance that’s not a loan. Factoring uses your invoices as your assets – not your house. When the bank says “no” – there are alternatives, even if you’re a goat whisperer!
Tags: Business, cash flow, cash flow management, Factoring (finance), Finance, invoice, invoice discounting, invoice factoring, small business, small business cost control, Venture capital
