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Working Capital Solutions Eliminate The Cashflow Headache After Christmas

Friday 31 October 2014, 11:09PM

By Beckie Wright

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It’s hard to believe that Christmas carols will soon be playing in the Malls, but the Christmas preparations seem to start earlier every year. December is hopefully one of the busiest times of the year for businesses, but, unfortunately, after that things seem to completely grind to a halt. Not only is there very little business being done, but most companies have to pay their staff for the Christmas break, and often for their holidays in January and February as well. This is a time when the business slowdown has an impact, not only on the revenue a business is earning, but also its ability to collect payments, as often their customers are also experiencing the January slow down. This is where the expertise and know-how of the Working Capital Solutions team comes in.

By providing a factoring facility, which can be set up before Christmas, business owners can eliminate the cashflow headache and worries about how to pay staff and all the bills over the quiet period, giving them time to enjoy some well-earned ‘time off’ themselves. Factoring with Working Capital Solutions is a quick, easy, and flexible way to sort out business cashflow problems. By using a business’s debtors for security, in many cases Working Capital Solutions can have a business owner approved, and money in their account within one business day.

Small businesses are generally overlooked by traditional finance companies and banks; however Working Capital Solutions specialises in small businesses and have realistic expectations able to make the finance process a simple one for the small business owner, as evinced by the two following testimonials.
“Working Capital have become a key strategic partner for us. We're a small software development company taking on large projects. To keep things moving it's important we're able to pay our contractors on time and in full. Edward and the team at Working Capital have been critical to our business growth, allowing us to take on work we otherwise would have had to turn down.” Rowan Schaaf, Pattern.“The relationship with Working Capital makes my life easier – it is as simple as that! They are always quick to respond to my needs and give me a high level of confidence that Ultimate’s business is in good hands. Edward and his team genuinely care about their clients, and I have appreciated their willingness to tailor their approach to accommodate the specific needs of our business”. Joanna Wilson, The Ultimate Recruitment Company.

For further information please go to http://www.workingcapital.co.nz .