Video Transcript
The difference between profit and cash, and it is a very important distinction that business owners must understand because as soon as they make a sale, it goes through the accounts as revenue. But they may not see the actual cash into their bank account for that for 30, 60 or even 90 days. So whilst a business profit accounts may suggest that there is a profit in the business, the business may have no cash and be operating in the negative cash position. And that’s where invoice finance can really assist a business. So as soon as they do make that sale that converts immediately into cash, and that’s a key ingredient to the success of the business.
