Factoring and Invoice Discounting: Be Wary of Hidden Fees #038

Published on 1 March 2011 by Tony Groom Factoring and invoice discounting (borrowing money against invoices) can be a helpful tool for funding the working capital of a business. While it used to be regarded as a means of borrowing by businesses in financial difficulties, it is now a common source of finance for managing […]

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Cash is King When a Business is Facing Financial Pressure #010

Published on 14 November 2010 by Tony Groom A company can be said to be insolvent on any one of four tests: the cash flow test, balance sheet test (negative asset value), an unsatisfied judgement (usually a county court judgement) or an outstanding statutory demand. Of these four the most crucial is the cash flow […]

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