News

A successful Nelson business struck trouble when their main customer advised suppliers they were changing payment terms to 60 days, rather than 30 days. Despite being very astute and having a constant eye on their cash flow, these changed terms put their cash flow into a tail-spin.

They spoke to their accountant who referred them onto Matt at Interface. Interface was able to provide funding quickly to meet their needs and get them through this cash flow problem. Despite being their busy season the business has continued to meet all contracts while still having the cash flow required to pay suppliers and staff and maintain profitability.