Since the Covid-19 outbreak hit the UK in March 2020 bringing our economy to a relative standstill, hundreds of thousands of successful businesses had the rug pulled from under their feet. Most businesses simply do not have the cash flow reserves to withstands weeks and months without trade. Government concessions are helpful – if you can get them – but for many directors and sole traders, the fundamental aspect getting them through this crisis is cash flow support.
So how can we help?
We’re assisting companies and finance providers in two key ways. Firstly, we’re helping with sales ledger collections in order to keep the money coming in. Secondly, we’re acting on behalf of clients to provide their credit control processes to ensure the accounts receivables are in full working order. At a time when lots of finance teams and credit control staff are on furlough – possibly yours and/or your client’s – getting invoices sent and paid is a time-consuming and often futile process. Emails are bouncing back and letters through the door are not getting picked-up while business premises are empty.
Contact us today for more information on how we can hand-hold your business through the coronavirus crisis to ensure cash flow is protected throughout this downtime.