Finance is a key component of every company’s business activity. SMEs have to deal with many growth issues such as securing long-term funding and managing working capital finance requirements. Daily operational issues such as handling late payments, dealing with international suppliers and trade regulations plus taking care of customers.

Small businesses can benefit from working capital loans through private lending and peer-to-peer online platforms. This enables the young company to access capital quickly without putting up assets as collateral.

Capital finance is used to purchase equipment that generates income or makes an investment to expand your business or invest in new opportunities. Typically, secured by the underlying asset, or unsecured such as equity or bonds issued by the company, can also be secured against the business income such as accounts payable and receivable.

Accrutus Capital facilitates multiple small business funding options that suit your stage of growth.

Working Capital Finance Checklist

• Is your cash flow management style chaotic or in control?
• Do you constantly seek out short-term business finance?
• Is your business providing you with the lifestyle you dreamed of?

Learn the small business principles of cash flow management by working through your own business cash flow checklist. Review your internal sources to reduce stock levels, reduce overheads and watch out for theft and fraud. Review your customer payment cycle, terms and overdue accounts and offer discounts for cash payment. Develop a solid system to manage your suppliers and track the relationship. Negotiate favorable payment terms such as paying by installments or use interest free credit card cycles.