Applying for too little finance or too much finance, or taking the finance over the wrong term can cause damage to the business. It is often cashflow that can damage a business rather than not being profitable.
All too often a business will agree to finance a large item over an unrealistically short period without considering the cost of servicing the operating costs, or the impact the additional business created has on the working capital and cashflow of the business.
We can help you to create you cashflow forecast and help you understand the impact on your working capital that taking the wrong type of finance can cause to your business.
Lincoln Office: 01522 430707
Hull Office: 01482 635400