Cash flow management can mean the difference between success and failure for a business. But for thousands of SMEs across the UK, late payments from customers are causing serious damage to their financial health and impacting their ability to pay suppliers, HMRC, and employees on time. In some extreme cases, it can even cause viable businesses to go under.
In this guide, we’ll cover everything you need to know about cash flow management, including
- What cash flow management is
- Common cash flow problems that businesses face
- The importance of positive cash flow for SMEs
- How businesses can improve their cash flow management
- How Time Finance can help to alleviate your cash flow issues
If your business is struggling with cash flow management because of late payments, Time Finance can help.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.