A cash injection for your start-up
Starting up a business is an exciting opportunity for entrepreneurs to showcase their skills, expertise and talents. However, figures from the Small Business Administration (SBA) reveal that about one-fifth of business start-ups fail in the first year and only about one third survive ten years or more.
Where some start-up businesses may fall short is having insufficient working capital. Whilst the initial set up of a business can be costly, new business owners also need to account for expenses such as bills, stock, and staff wages.
With the cost of staying in business being just as important as the cost of starting up a business, it’s vital to establish how much money is required to stay afloat and maintain a healthy cash flow. However, this can be especially difficult for the many businesses who are faced with extended payment terms from their clients.
Waiting 90 days for invoices to be paid may be convenient from a clients’ perspective, but for a business this can add unpredictable levels of stress when there are supplies to be purchased and employees to be paid.
Invoice finance is a simple solution – by releasing up to 90% of the value of unpaid invoices in 24 hours, businesses can immediately receive the cash injection they need to survive and thrive.
Positive Cashflow Finance has been supporting new business owners with their start-ups for over 10 years. We understand that cash flow is the life blood of many businesses and can offer funding lines ranging between £10k to £1million.
If you want to make an enquiry about how we can help you can get a cash injection for your start-up business get in touch today.