Financial Advice

Very few businesses are fortunate enough to have access to enough cash, all the time. It’s inevitable that there will be times when you need to use some form of credit, whether that be through a simple trade account or a formal loan. You may also need to offer your customers credit terms, which will add a different kind of pressure to your cash reserves. How you manage your credit and debt, will have a profound effect on your overall profitability.

Understanding how trade credit agreements work and what is commercially acceptable, will put you in a better position to negotiate with both customers and suppliers, which can reduce your total cost of borrowing from financial organisations. Equally, having the funds available for purchasing, can put you in a stronger position to negotiate on price.

Our experienced accounts team can advise you on the many types of business finance available and which are the most appropriate for you.