Working capital injection allowing business to seize new opportunities.
Marketing, new staff, new premises, research & development; it all costs money.
Investing in your business can be exciting. You just need to know how much you need and when. Too little or too much investment can be a real problem, as could timing. Too late and businesses can struggle to get funding at short notice.
Forecasting and projecting the financial requirements of a business allows for appropriate investment.
With increased financial pressure on companies with repayments on Bounce Back Loans and Coronavirus Business Interruption Loan Schemes (CBILS) due, now is the time to ensure that your business is financially prepared for this expense. Having appropriate accounting forecasts and finance that works for the business has never been so important.
The Recovery Loan Scheme is still available for businesses that have been impacted by COVID-19, RLS offers an 80% guaranteed by the UK Government to offer improved terms on finance facilities. The RLS can be used for business purposes, including managing cashflow, investment and growth.