A stark warning has been issued to SMEs over the burden of unpaid invoices.
As one of the very few independent brokers in the UK, I wanted to take a moment to explain what this means to your business, and how important it actually is.
Small Business Commissioner Needs You!
Affected by late paying customers? Small Business Commission needs SMEs to contact them as part of a plan to tackle the problem.
Huge numbers of female entrepreneurs have been inspired during lockdown events to set up on their own, becoming SME business owners.
This week, 5th September, it is the annual International Day of Charity; an important date to raise awareness for charities, that during the pandemic, need our help more than ever before.
SME finance can be notoriously hard when arranged directly, businesses cite. And of course in the current pandemic SMEs are struggling even more. Yet, it's easy with our help!
More SMEs Will Need CBILS in Q3 To Survive Pandemic
However, rushed, panic applications result in errors leading to refusals for many SMEs.
Often, the solution to a complex finance problem will mean a multifaceted solution.
Only an experienced and independent broker is in a position to advise on this.
SMEs are placing vital importance on digital marketing to promote sales and brand awareness during the pandemic; with female lead SMEs faring better, through higher digital awareness, than their male counterparts.
On July 11
th the World comes together to recognise World Population Day.
The burden of unpaid pre-lockdown invoices has resulted in 85% of businesses feeling that they have lost control of their finances in the last quarter.
Even if your business has a bad credit score, complex trading history or previous failure we can arrange finance for your SME.