Working Capital Solutions Working For Small Businesses

Cash flow is the biggest issue for small businesses, with payment times the determining factor of success for many. The slow payment cycle is a huge concern for them with more than 70 per cent of businesses expecting cash flow to be an issue to their operations. Being a small business themselves, the hard-working team at Working Capital Solutions believe they really understand small businesses. They are owner-operated, and started from scratch during the global financial crisis so they know what it takes to run a successful business. Also, being small, the Working Capital Solutions team are agile and can approve facilities and make decisions on changes to facilities quicker than their competitors

In view of this, no business is too small for factoring in Working Capital Solutions’ eyes, so long as they are providing goods or services on credit to other businesses. Working Capital Solutions can help these businesses from the first invoice they send out, increasing the chances of a new business succeeding. As they say, factoring isn’t just about lending money, it’s a service. They can send out statements and chase the customers for payment and, as Stephanie McKee-Wright says, she could write a book about how businesses are not good at, don’t have time for and don’t like chasing payments!

Working Capital Solutions’ service focuses squarely on the smaller SMEs who benefit most from improved cash flow, using their main asset, unpaid invoices. They have the advantage of extensive experience and cutting edge software that provides real time transparency through a unique online client interface. Their key sectors of manufacturing, wholesale, services and transport offer immense scope so they don’t restrict themselves in a geographical sense.

Working Capital Solutions is a locally owned business financier based in Auckland, New Zealand and is a specialist invoice financier offering the full suite of invoice finance products from the purchase of single invoices to large undisclosed invoice finance facilities. Their management team have had considerable experience in this area and are dedicated to the continual supply of their professional and dynamic invoice finance products in the support of New Zealand companies. They have also developed cutting edge invoice finance software and platforms which are currently unmatched in New Zealand and their systems allow them to effectively manage their clients’ needs, creating transparency through their electronic reporting regime and online client interface.

For more information please visit the website at http://www.workingcapital.co.nz.