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Increase cashflow by unlocking the power of your receivables.
Pay your sellers on day one for a discount, and get extended terms.
Use your credit cards, bank account, and Octet finance to pay your sellers.
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Brendan Green, General Manager of Working Capital Solutions at Octet, shares his thoughts with Accountants Daily on why businesses are increasingly turning to non-bank lenders in times of need and how they can help accountants bridge the cash flow gap.
“Unlike traditional bank lines, which often require clients to meet relatively heavy ongoing financial covenants, the emphasis from alternative lenders tends towards a less complex terms sheet coupled with speed to market.
There are a wide range of payment and funding solutions offered by alternative lenders, which can work on a standalone basis or in combination with bank funding to deliver the right mix of cost/benefit.”
To read more, head to Accountants Daily.
