How Financial Brokers Can Solve Cash Flow Issues and Help you Secure Funding
If you’re looking for funding, you’re not alone. As of August 2024, around 33% of UK businesses are concerned about experiencing cash flow shortages in the coming months. Not only that, but a further 21% of small and medium-sized enterprises (SMEs) reported concerns about their ability to meet financial obligations, driven by high energy costs, […]
4 supportive tips on how to scale your business in North America
If you are looking to scale your business in North America, this article may help you. With its vibrant entrepreneurial ecosystem, access to capital, and a culture that celebrates innovation, North America has fostered an environment conducive to scaling up businesses of all sizes and industries – from startups that have rapidly grown into global […]
Brexit: New Rules When Exporting: What Your Business Needs to Know
While the United Kingdom’s departure from the European Union (EU) has been unfolding for years, businesses are still adapting to the practical implications of this seismic shift. One of the areas most impacted is exports, in particular, businesses that export. For businesses aiming to maintain a competitive edge, understanding these changes is important – but […]
Now more than ever, companies will need alternative finance methods to grow
Access to finance has always been a critical issue for businesses, in particular small and medium-sized enterprises (SMEs). The lingering aftermath of Covid-19 has only exacerbated this problem. Traditional sources of finance, such as bank loans and overdrafts, have become increasingly difficult to access. This is due to banks tightening their lending criteria in response […]
Ready, set, grow – how export financing can turbocharge global expansion for SMBs
What the post-covid, post-Brexit era has made clear is that traditional financial institutions are not the best equipped institutions to support growing companies during a crisis – let alone global expansion. Banks – whether they like to or not – simply don’t have the risk appetite to offer adequate levels of financing and often the […]
Ian Duffy: A Global Perspective. How growing businesses can manage liquidity during times of crisis
We know that SMEs have been facing an extremely challenging time over the past few years. Obstacles include Brexit, the COVID-19 pandemic, and the ensuing supply chain crises. In this blog, AP spoke with CEO, Ian Duffy as we discuss the global impact of how these crises are hitting SMEs and how companies around the […]
Could new covid-19 worries spell more troubles for scaling businesses?
Accelerated Payments spoke with our Head of North America, Neil McMillan to get his views. By many accounts, the worst of the COVID-19 pandemic is over. However, for businesses – especially scaling businesses with plans to grow – the full impact of the pandemic continues to be felt. Right now, not only are there ongoing […]
60 Seconds On… Working Capital
Working Capital: A Quick Summary A business’s working capital (WC) reflects the amount of cash it has at its disposal and can deploy almost immediately. Working capital is critical for any business. It is used to keep a business operating smoothly and meet all of its financial obligations within the coming year. This includes paying its trade creditors for its day-to-day […]
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 […]
