As the economy booms and EOFY is upon us, cash is king
Early in 2021, the business media was rife with reports of an impending “fiscal cliff” due to the end of Covid stimulus packages associated with the...
The 5 Biggest Myths About Payroll Funding
Cash flow funding, invoice finance and, specifically for recruiters, payroll funding, have grown in popularity considerably in recent years, but some age-old myths still exist today.
Why Cash Flow Funding for SMEs
Many businesses, such as those in labour hire, have a natural trade cycle where suppliers (in this case, payroll) need to be paid before the customers pay. This negative cash flow cycle requires some type of funding to facilitate normal operations and the funding needs increase with growth.
Finance: Friend or Foe?
There are perspectives on both sides of the fence. Finance, when thought of simply as “debt”, can have a negative stigma because the general, conservative approach is that debt is dangerous, risky and should be avoided.
Payroll Funding Q&A
Whether you’re starting, scaling or already have an established recruitment or labour hire business, understanding and finding the right finance solution can be an unnecessarily complex decision.
How slow payments can affect SME labour hire and recruitment businesses
Is your business affected by slow debtors? Understand the top reasons for slow payments so that you can avoid the fallout. Waiting for your end...