Completing a business financial review will involve an in-depth examination of a company’s financial standing, exploring areas such as income statements, balance sheets, cash flow and key performance indicators. Conducting regular reviews is an essential business strategy for decision making, identifying growth potentials, mitigating risks and achieving long term plans. There are several factors that…
read moreMerchant cash advance (MCA) is a type of financing that provides businesses with quick access to cash by advancing funds based on future sales, typically credit card sales. MCAs are popular among the small business community who need fast funding but may not qualify for traditional loans. Here's a detailed explanation of how they work,…
read moreSecuring invoice finance can be a smart way for businesses to improve cash flow, especially when waiting for customer payments. Invoice financing allows businesses to borrow money against unpaid invoices, giving them immediate access to funds. There are several top tips for successfully securing invoice finance: Be organised – a lender will want to see…
read moreA credit score is a numerical representation of a business’s creditworthiness and is used by lenders to assess the likelihood of a borrower being able to repay a loan. The calculation is based on factors such as longevity of the business, payment history, amount owed, length of credit history, new credit applications/enquiries and types of…
read moreCreating a financial forecast for a growing business is an essential part of its strategic planning. It helps business owners anticipate future financial outcomes, manage cash flow, and make informed decisions. Whether the company is seeking investment, planning for expansion, or simply aiming to maintain sustainable growth, a well-thought-out financial forecast can be key. We…
read moreWith the festive season approaching rapidly, many businesses will face a challenge of managing cash flow whilst also meeting the increased demand in products and services. Christmas is a crucial time for retailers, wholesalers and suppliers but with this can bring pressure to stock up on inventory which in turn can stretch financial resources. One…
read moreSecuring a loan for a small business can be an important step in expansion, meeting operational needs or simply stabilising cash flow. Often many business owners do not consider an application due to the perception of it being a complex and overwhelming process. However, this article is our guide to show the simple steps that…
read moreThere are several financial tools available which can assist a company with its budgeting. Providing access to capital, improving cash flow, managing costs and enabling good investment strategies are just a few of the benefits that can be experienced. Here are our top 4 funding tools: Business loans Capital for growth – the funding of…
read moreVAT lending is a type of business finance that allows a company to better manage its short-term cash flow. Essentially, it is a loan that covers the cost of a VAT bill. This can be particularly beneficial when a business has to pay a large amount of VAT to its suppliers before it can invoice…
read moreIn today's challenging economic climate, businesses must manage cash flow with greater precision. Tax obligations and VAT payments can significantly drain capital, posing a considerable challenge for many firms. At NGI Finance, we recognise these challenges and continuously explore options to ease cash flow and assist with the cost of tax bills. One effective strategy…
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