Man trying to understand the difference between profit and cash

The Difference Between Profit and Cash

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.

Who is OptiPay?

OptiPay, one of Australia’s leading business finance providers, has been dedicated to helping small business owners solve cash flow challenges  for over a decade and has provided $1.5 billion in business funding to more than 500 Australian businesses. OptiPay specialises in modern financing solutions such as invoice factoring, invoice finance, debtor finance, and lines of credit. OptiPay’s mission is to support business growth providing liquidity in as little as 24 hours, ensuring they have access to tomorrow’s cash flow today. This rapid access to funds helps businesses maintain smooth operations and seize growth opportunities without the stress of cash flow constraints. At OptiPay, we believe that healthy cash flow is the lifeblood of any successful business. Our commitment to helping businesses overcome financial hurdles and achieve their growth ambitions has solidified our reputation as a trusted partner in the business finance sector. Whether you are looking to stabilise your cash flow, expand your operations, or navigate financial challenges, OptiPay is here to support your journey with innovative and efficient financing solutions.

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