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Temporary shortfalls can prevent companies from operating effectively, delay hiring of much needed talent or replacing outdated inefficient equipment.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 […]
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 […]
How to Proactively Manage Late Payment and Safeguard Cash Flow
Business survival is all about cash flow. Businesses can keep going as long as they can pay their bills. It has been some time since the Prompt Payment Code came into force and we take a look at what this means for SMEs. Here, Accelerated Payments share our insights into the issues around late payment and what small businesses can do today to safeguard […]
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 […]
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 […]
CEO, Ian Duffy Opinions on Government Support Initiatives
In terms of business and economic impact, extension of the government support initiatives is a stay of execution for the SME sector. It may extend lifelines for SMEs for an additional three months, but the market will eventually need to return to being predominantly funded by the private sector. So, an extension does not lessen […]
Talking Trends February 2021
This blog forms part of a series where we identify common themes and trends over the previous month. Positive Business confidence in the UK appears to be improved as uncertainties around Brexit are made clear and there is a roadmap out of the Covid-19 crisis Recovery Loan Scheme to be rolled out in UK in April, but SME’s are expected to return to non-covid finance options Continued strong demand for US$ in Ireland, UK […]
