CashFlowAnswers Announces New Cash Release Initiative for Businesses

April 29, 2012 - PRLog -- CashFlowAnswers has announced a new initiative in partnership with Banks and leading financial institutions targeted at ridding UK SME’s of cash flow problems. As the country comes to terms with the double dip recession it is ever more difficult for small and medium sized businesses to get access to the working capital they need. Although profitable, they find that their customers are paying late simply to keep suppliers, staff and HMRC happy. Owner managers spend a disproportionate amount of time chasing debts and deciding who they should pay because they’re waiting to be paid themselves.

The classic answer has been a bank loan or overdraft facility secured on private assets such as the family home. These facilities are increasingly difficult to find. Additionally, the level of current uncertainty means that the business owner is often reluctant to use the family home as security.

A fast and affordable range of solutions are at hand. http://CashFlowAnswers.co.uk presents businesses with a range of financial services that pay invoices on the day that they are raised. Solutions are implemented in 5-7 days, though as little as 3 days is possible. The company’s debtor book provides security for the facility avoiding the need to use the owner’s personal property. Cleared funds are available immediately; the working capital issue is resolved.

The Invoice Financing services, known as Invoice Factoring and Invoice Discounting, are available to any business that invoices other businesses on credit terms.

http://CashFlowAnswers.co.uk addresses the most common questions and concerns raised by businesses seeking this type of information, such as
•   How can I solve my cash flow problem?
•   How can I avoid using my home for security?
•   How can I spend more time winning business and satisfying orders?
•   How can I improve my credit control?
•   How can I protect myself if my customer goes bust?

“We are very excited to have this service available.Many small to medium sized businesses are unaware of the existence of facilities such as these which completely address their cash flow problems in as little as 3 days.’, stated Eugene Levy, Owner of CashFlowAnswers.co.uk. “We answer these questions and guide businesses to the right provider for their particular goals and needs.”  

Anyone interested in learning more about solving cash flow problems for small to medium businesses, Invoice Finance, Factoring, Invoice Discounting or Asset Based Finance can visit http://cashflowanswers.co.uk for unbiased information and service.

About CashFlowAnswers.co.uk

CashFlowAnswers provides information and comparison services that solve business cash flow problems using asset based finance products. Dedicated to introducing owners and managers to the most appropriate Specialist Financier, we help business make an informed choice and continually evolve our product and service offer, so we’re always at the forefront of the comparison and solution broking industry.