Paying wages during a crisis
Aug 14 2007
Over and above traditional overdraft borrowing you may wish to consider an invoice finance facility that will release the cash tied up in your debtor book. This is suitable for businesses that sell or provide services to other businesses on credit terms.
Alternatively there are facilities that can advance up to 9 weeks wages (including PAYE) to a business. This type of finance is a relatively new type of business finance.
There are lenders who can move quickly when required and arrange suitable facilities in a matter of days.
If you have any questions please contact us at finance@fundingsolutionsuk.co.uk