With cashflow in the 1st quarter of the new year typically feeling the effects of the quieter billing months of December and January, access to sufficient cashflow reserves can be a little constrained.
Here’s two quick fix solutions to boost your cash reserves:
- Asset Refinance: Revisit recent outright purchases of equipment or vehicles from the last 6 months. In hindsight would it have been better if they were financed? A simple purchase & hire back option, paired with competitive financing, can replenish your funds without disrupting your options.
- Low Doc Working Capital: Tap into low-documentation capital facilities for a swift cash boost or an ongoing overdraft-like solution that’s there when you need it, repayable and accessible on your terms.
It may also be beneficial to fund your insurance premiums. To learn more about Insurance Premium Funding, have a read of our blog: finlease.com.au/blog/insurance-premium-funding/
Ready to discuss cashflow solutions? Get in touch with our team on 1800 358 658.
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