Fifo Capital gives you another great reason to talk to your existing clients and offer them something new and innovative. Fifo Capital Supply Chain Finance now provides your business clients the ability to pay their suppliers early without using their own funds whilst improving their own bottom line in the process.
All posts by Will Roffe
Friends have asked me, what’s the most significant thing I’ve learned since moving from owning my own business to becoming a Business Partner at Fifo Capital? I suppose it’s that you need to be able to shift gears to properly control finance costs. By that I mean one really needs to use different forms of finance for different situations rather than simply comparing headline rates.
Unsteady “lumpy” cash flow isn’t just frustrating, it can stunt the growth of your business, or even force you to close your doors entirely. Business finance services, like those from Fifo Capital, offer solutions to help you overcome financial barriers and stay on track.
Your business is a living, breathing organism. To keep it running smoothly you need to feed it a steady flow of cash. Sometimes this doesn’t go according to plan, with typical things like payment delays. So looking for innovative ways to solve short-term cash flow issues and help your business grow beyond the organic growth process, can be a wise move.
If you’re in business, it’s essential to build good relations with companies providing financial resources. Financiers play a pivotal role in the operations and success of most businesses. So building a good financial relationship will give you fast access to business finance solutions and available working capital to help the long-term stability and growth of your business.
Being competitive in today’s tough economic environment is all about maximising the efficiency of your business’ assets, and always using them the best way possible to move your business forward. That means maintaining a constant review process of your company’s financial health as well as its relationships with insurance companies, lenders, and consultants.
Whether you’re an experienced business owner or you’re new to the role, you are probably well aware of how long it takes customers to pay invoices and the challenges of maintaining a positive cash position. If you’re looking for a solution for both issues then invoice finance could be just what you need.