The Federation of Small Business (FSB) has launched a new campaign to help SMEs, just like yours, ride the Covid recovery wave - #RecoveryReady.
Many SMEs are doing well as they re-open their doors and business confidence soars. Equally, some SME owners are feeling anxious about their future. That’s where the FSB campaign comes in, whether your business is thriving or struggling there’s a myriad of sensible business advice to tap into.
The #RecoveryReady campaign has been designed to help SMEs with advice, tips and help on how to recover including news articles and podcasts on managing cashflow, late payment, furlough, rising costs, working from home and business continuity.
SME growth is a priority for all. As the backbone of the UK economy, it’s critically important you are supported so you can thrive in the years to come.
Much of that SME success is through managing your business finance. A huge part of this recovery and growth is managing cashflow and working capital. The biggest reason SMEs fail is due to lack of cashflow. With customers taking even longer to pay suppliers, in particular SMEs, invoice finance (also referred to as invoice factoring) is rising in popularity - over 50,000 UK businesses enjoy the benefits of invoice finance. You can learn more about invoice finance here, however, in short it uses your debtor book – without any risk to your business or assets – to advance you monies on issued invoices. Advances are of up to 90% within 24hrs with the balance being paid when your customer settles. It even includes an optional credit control facility to take away the timely process and stress of chasing invoices.
Here at Capital Corporate Finance (CCF), the UK’s longest established independent broker, we pride ourselves on the unrivalled and fully independent advice we give to SME businesses in considering and arranging their finance.
From traditional loans to dynamic, modern lending options, alternative finance and multifaceted solutions, our experience has won us many awards as well as an enviable reputation which is why we make arranging your SME finance faster and more easily – and usually at better rates – than if you were to go direct. With access to the entire UK lending market, we can arrange SME finance including:
Our entire ethos, as an independent broker, is to provide you with impartial, unbiased and honest advice. Advice that suits your business needs, not ours. You see without any contracts or targets with any finance providers you can be certain of the best business finance advice for your SME, whether you have recently set up your business or your company is well established.
We are personable and friendly, and as such our customers have complete faith in us and total peace of mind. Many, in fact, come back to us time and time again to arrange additional finance solutions for their ever changing and growing needs. You see, it’s a myth that only failing businesses need finance. To truly succeed, many businesses use finance to invest as part of their growth plans - arranging improved credit terms with suppliers, taking on new staff, purchasing improved performance machinery and investing in the latest technological upgrades, even to improve their credit score. Whatever your need, we will be able to tailor a finance solution for you.
So, call me, Carole Roe, Founder and Managing Director of CCF today – we can meet, we can chat over the phone, we can have a Zoom / Teams meeting. My direct line is 07785 596053 or email me on carole@capitalcorporate.co.uk. My team and I can’t wait to help you on the road to recovery!
This week, 8th March, the world celebrates International Women’s Day
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