Rangewell

Staying strong with Cashflow Finance

By David Harrison
Content writer
Published: 10 September 20181 minute read
Staying strong with Cashflow Finance

Table of Contents

For your business to stand strong and maintain a tangible presence in its sector, generating reliable cash flow each month is crucial. Yet, although cash flow can vary greatly, retaining a sufficient bottom line month on month is often a major challenge. If you fail to bring in enough revenue to support your monthly outgoings, running day-to-day operations and satisfying customer demand will become an uphill struggle, especially over a prolonged period. However, instead of hoping the issue will go away or drawing from your savings, you could safeguard your business’ success and ability to endure by applying for Cashflow Finance.

Why should I support my business with Cashflow Finance?

For any business to operate and trade effectively, generating a sufficient amount of revenue each month is an absolute must. However, revenue can never be guaranteed and may come under fire in so many different ways - changing trends, local competition, supplier costs, energy bills, corporation tax, ageing equipment, vandalism or even natural disasters, the list goes on. Yet no matter what the cause of your situation may be, you can’t afford to sit idly by. Cashflow Finance offers you access to a variety of finance solutions which could provide your business with the support it needs to target the root causes of the issue and raise your bottom line. So don’t let your business suffer in silence, the time to take action is now.

Is your business in the midst of a cashflow shortfall? Need help raising and maintaining your bottom line? Apply for Cashflow Finance or learn more about how your business could benefit.

How do I qualify for cashflow support?

Because of the variety of finance solutions on offer, Cashflow Finance is suitable for a variety of financial situations. Depending on the product and the complexity of your request, you could receive a decision in as little as 48 hours with the funds following soon after, should you be accepted. Nevertheless, lenders will often request permission to review your credit profile and carry out the necessary checks, which may incorporate whether you have recent and past CCJs, accelerated payment notices (APNs), existing finance arrangements, unpaid debt (e.g. credit card debt) and your history of resolving debt on time. And, although adverse may not always lead to a rejection, lenders may take into account different factors depending on your chosen product, including past income, card-based (credit and debit card) sales, cashflow forecasts, unpaid business-to-business (B2B) invoices or the amount of equity tied up inside your unencumbered assets (equipment, machinery or vehicles).

What types of products are on offer?

As well as the flexible application requirements, what makes Cashflow Finance such as an invaluable package for any business operating in the UK is the range of finance solutions that it provides access to. So if you’re looking to reinforce your bottom line and safeguard your business’ success, you could apply for anything from Invoice Finance, Purchase Order Finance, Whole Ledger Finance, Overdraft Replacement or Merchant Cash Advance (MCA) to Asset Refinance. Therefore, there are a variety of ways in which you can support your business and continue pursuing further success. But in order to do so and make an informed decision, having a comprehensive understanding of how each of these products work is vital, which is where we can help.

Thinking about supporting your business with Cashflow Finance?

Although a reliable cash flow is one of the hallmarks that define a successful business, maintaining your bottom line is no easy feat, especially if you’re a developing SME. But if you become unable to bring in enough capital each month, keeping on top of your financial obligations will soon become a struggle. However, thanks to the Alternative Finance, there are now a number of ways in which you can support your business, including Cashflow Finance. The only obstacle you need to overcome is sourcing a suitable finance agreement from a lender you can trust.

At Rangewell, we’re an Access to Finance specialist who’s mapped over 400 lenders to offer you an overview of more than 23,000 business finance products. Our services are free to use and we’ll also guide you through the application process. So if you’re looking to raise your bottom line, apply for Cashflow Finance today or find out more with Rangewell.

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