The impacts of 2020/2021 on SMBs and 2022 predictions.
We asked SMEs their opinions on several topics that have impacted their business over the last 24 months. The results of the survey are below and outline the challenges faced by SMEs in managing cashflow through both a pandemic and the added complexities brought on by Brexit. The impact of late payments Late payments have […]
Use Supply Chain Finance and Receivables Finance to cut costs and become more efficient
Cashflow disruptions are always expensive Businesses pay for cashflow disruptions in more ways than one. Temporary shortfalls can prevent companies from operating effectively, delay hiring of much needed talent or replacing outdated inefficient equipment. Not only this, SMEs find themselves stuck in a credit war between paying their suppliers on time and having to provide […]
Talking Trends September 2021 – Broker Edition
This blog forms part of a series where we identify common views and trends within the broker market over the previous 3 months. Funding enquiries General market feeling is that overall level of enquiries from new and existing clients has remained relatively static. Some (43%) have seen an uptick in the number of Invoice […]
Export Terms of Trade
One of the most important aspects of your export business is your terms of trade. You must have a clear understanding of the various methods of payment available. This includes costs, risks, marketing implications and, of course, when you will actually receive payment. It is also important to know that your terms of trade should […]
5 things the most successful brokers have in common
The key to any collaboration is having an understanding about the other partner in the relationship. In this article, Business Development Managers, Peter Thomas and Guy Jones share their thoughts on what makes a successful broker relationship and the things that they have in common. 1. Knowing their client First and foremost, a broker […]
Why don’t more businesses use Selective Receivables Finance?
Upon completion of a deal, one of our introducers said to us, “Selective Invoice Finance is fantastic – why don’t more businesses use it?” We are struggling to think of reasons why – especially when you consider what all SME business owners are looking for: Business growth The cliché “cash is king” is said for […]
Are you ready to export?
Though the potential rewards are great, exporting is not without risks. Businesses that jump in too early run the risk of jeopardizing their current business activities. The questions are: are you ready to do that? And are you ready to export? You need to be realistic about what exporting entails and what it takes to […]
Now is the perfect time to check your cashflow
With cashflow it’s always a case of fail to plan, plan to fail. With summer upon us and Covid-19 restrictions allowing a little more freedom (holidays), now is the perfect time to make sure your finances are in order. In uncertain times such as Covid-19 and Brexit, the need to manage and safeguard cashflow is […]
Talking Trends April 2021
This blog forms part of a series where we identify common themes and trends over the previous month. Positive Steady increase in business enquiries following removal of government support funding High proportion of enquiries from mature businesses who are new to invoice finance in the UK and Ireland Continued strong demand for export finance beyond the EU and […]
Time out with… Laura O’ Gorman
What drew you to a career in marketing? My first two years studying business at Waterford Institute of Technology were more around general business: economics, accounting, law and marketing. This gave me a flavour of the business industry as a whole. In the third year we were encouraged to pick a stream to specialise in […]
