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Is your SME facing short term liquidity challenges?

Starting up a business is challenging, we certainly know. There are a number of factors to consider when you enter any business market. You need to be aware of the stern competition that already exists within your industry and to be realistic about your business goals, objectives, and expectations for growth. You need to hire the right, qualified team to help you build an online presence, a customer base, partners, and most importantly, smartly manage your finances.

For any start-up or small business, expenditures are your initial commitment before anything else. It can be confronting for start-ups to manage their early expenses without any revenue coming in the front door. Without a doubt, one of the biggest challenges – if not the biggest – SMEs face is financial management. If your finances aren’t in check, it’ll restrict every other facet of your business. After all, poor financial management will topple any business, no matter who you are.

One of the major obstacles start-up businesses face with their finances is short term liquidity challenges. What is short term liquidity? This is measured by a business’s ability to meet its short-term financial obligations. Liquidity is when a business can readily convert their assets into tangible or accessible income. Depending on the liquidity potential of your business assets and cashflow fluidity, it may be a time-consuming process.

 

 

If you have cashflow issues, your business won’t be able to operate productively. Whether it’s repaying loans, operating bills, employee payslips or just general business expenses; you won’t have the necessary accessible funding to fulfil those financial commitments. However, there is a solution. A simple, effective way to manage those short-term liquidity and cash flow challenges is through Invoice Financing.

Depending on the liquidity potential of your business assets and cashflow fluidity, it may be a time-consuming process.

At Grow Finance, we specialise in helping SMEs achieve their potential. Providing one of the most comprehensive suites of finance solutions to help small and medium sized businesses grow. When it comes to Invoice Financing, deal directly with the experts in the field. With Grow Finance, you can manage your cashflow with a simple, flexible line of credit.

Any challenges your SME is facing in regard to paying employees, suppliers or general business expenses, can be solved with Invoice Financing. This eases the tension on your finances, so you can focus on your business growth. We also understand the timely nature of your funding requirements, after all, time is money. That’s why, at Grow Finance, our application process is fast and easy, with fund approval within 24 hours.

Now, what is Invoice Financing? Invoice Financing is a way for your business to borrow money to assist you against the amounts due from your customers. By doing this, you’re relieving the stress and pressures off your cashflow, in order to satisfy your other expense commitments. This gives your business greater flexibility and opportunity to grow, whether it’s investing or covering costs, Invoice Financing can assist in getting your business off the ground.

 

 

Why else does your SME need Invoice Financing? It’s a stress-free solution for managing liquidity. With Grow Finance, you can access up to 80% of unpaid invoices owing to you. It’s fast and flexible. Being a nonbank lender for small businesses, there are no hidden costs that banks may incur. You simply need to be in business for a minimum of 12 months, and you’ll be eligible.

We like to support SMEs, so we can grow together. With our flexible finance options, tailored to your business needs, you can take on new challenges quicker. At Grow Finance, we fund you with less fuss. Fill in our Invoice Financing form today on our website for your pre-approval in just 3 minutes or contact us at 1300 001 420 for a free consultation.

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