Monday 22nd Jan 2018
As SME's look to achieve sustainable growth throughout 2018, experts at Hitachi Capital Invoice Finance provide key calendar dates that could impact a businesses' cashflow throughout the year.
From considerations such as the mid-summer rush and the Brexit divorce bill, the guide also include top tips on how to fully prepare for the year ahead, as well as key cashflow takeaways from 2017 that may impact future plans. You can view the cashflow calendar here.
For example, overall enquiries for cashflow finance increased significantly in June last year, a month that can be impacted by staff holidays and overall reduced business hours. By planning ahead for this reduction in resource could count for a smoother and more profitable month.
Data from our funding line also shows how the demand for invoice finance is expected to grow by 21% this year in comparison to 2017. (The total credit leant to businesses by the company in 2017 was £893,000,000, contrasting a predicted £1,080,530,000 in 2018.)
Head to our Invoice Finance page to find out how we can help your business