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Working Capital & Invoice Discounting

 

The economic downturn has placed an even greater importance on working capital, with cash flow problems set to become one of the biggest challenges a business will face today, and over the next few years.

 

Traditionally the solution for cash flow problem is overdraft facilities, which in themselves have multiple problems such as restrictive covenants and multiple fees. Businesses are faced with banks that place great emphasis on their past, rather than concentrating on a business's future. An alternative to this way of solving cash flow problems is Invoice Discounting.

 

Invoice Discounting is for businesses that want to access money that is tied up in their invoices. The service helps the business improve its cash flow by getting cash advances against their outstanding invoices. The service does not disclose this to the business' customers unless the business chooses to disclose this.

 

This cash-flow option should always been considered with other debt and financial advice, in order to ensure your debt is managed in the best way. Quinn Consultants are able to assist you with further information on Invoice Discounting and all you financial needs.

 

 

If you'd like more information or help with managing your working capital, complete and submit the Express Enquiry form on the top right hand side of this page and we will contact you to discuss your enquiry or call us on 1300 QUINNS (1300 784 667) or on +61 2 9223 9166 to arrange an appointment.