It’s a tough time for SME’s at the moment. Rising overheads, supply chain issues, high staff turnover and an increase to the minimum wage – it’s no wonder many are struggling with the day to day running costs.
Here at business cash flow finance company OptiPay, we’ve had a two-fold increase in inquiries as a lot of businesses start to realise they have a cash flow problem and they look to solutions.
Whilst invoice financing can be a huge help to many businesses it’s important to realise where cash flow issues stem from and the most common mistakes SME’s make when managing it.