Business Managers,

are you confident with what

your financials are telling you? a bit boring

This is the site that explains :-

 

Get a cash forecast you can rely on!!

The stricter lending criteria imposed by the banks means that most companies can't get temporary additional facilities to carry them through this bad patch. Bad news if you didn't foresee it!

To get new money your forecasts need to be detailed and show conviction that you know where you're company's cash flow is going, forecasting the trading position isn't enough. The lender needs to be very sure the borrowing will be repaid. It's not good enough just to say we need more headroom for 6 months and then we'll be fine.  Would you lend money to yourself without proper due diligence?

How Can A  Freelancer Help You?

An freelance finance manager can analyse in depth what's going on in your business and show it in a financial model. After discussions with you about you're predictions on trading activity, these can be put in to the model to predict periods of cash shortages and availability on the due dates of loan repayments.

Then you'll be prepared to approach lenders with a structured liquidity forecast, very handy if the predictions aren't as good as you'd like!

 

 

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