PayPal cash advances to UK SMEs reach ?625m but is it really lending?
PayPal has provided UK SMEs with £225m in cash advances since June 2017, as the payment processor claims its alternative finance model is filling an entrepreneurial funding gap.
Tag: Cash Flow
HMRC changes that could disrupt your firm’s cash flow?
By Staff writer
Subtle changes in the approach being taken at HMRC could cause more UK SMEs to get into cash flow difficulties, explains Simon Underwood, a business recovery partner at accountancy firm Menzies LLP.
Driving change throughout your supply chain
By Staff writer
In the course of your everyday business interactions, you no doubt encounter friction of many kinds. Sadly, many of these interruptions are a consequence of the businesses in your supply chain making life difficult by being evasive, slow to pay or question terms and conditions of already completed work.
The government must act to save businesses from Brexit VAT beating
By Staff writer
According to Ann Jones, MD of Europe at VAT IT, the current VAT rise a consequence of leaving the Customs Union will push the cash flow of UK businesses to breaking point. However, these issues are being hidden behind the main Brexit headlines.
Average SME owed ?63,881 in late payments
New research has shed further light on the late payments issue having an adverse affect on British enterprise, with 11 per cent owed more than £100,000.
An alternative vision for The Apprentice you know it makes sense
Now 13 series old, BBC TV show The Apprentice needs a shake from up Alan Sugar to better fit with its entrepreneurial leaning and investment prize.
Why cash management in business is king
While revenue, profit and costs are all equally important, your cash management, in terms of your daily, weekly, monthly trading, is what keeps your company afloat. Ignore it at your peril.
Don?t have a travel and expense policy” Create one in three minutes
By Staff writer
With staying on top of your company’s cash flow such a crucial job, Concur’s Lara Edwards explains why a travel and expense policy can really help out.
Interest rate rise will haunt Britain’s army of zombie companies
By Staff writer
It’s the stuff of economic nightmares, but this week’s interest rate rise brought it a step closer to reality. When banks increase the interest and charge for loans and overdrafts, thousands of zombie companies could be pushed into insolvency.
Business assets could help bosses manage cash flow effectively
By Staff writer
Prasanna Kulkarni, founder and product architect of Comparesoft, explains how small business owners can best manage their cash flow by leveraging their assets.