THE XMAS AND NEW YEAR CASH FLOW CRUNCH

THE XMAS AND NEW YEAR CASH FLOW CRUNCH

The Christmas and New Year holiday season is not too far away and many businesses are now planning their cash flow requirements for this period. This can be a challenging time for managing cash flow, with the slowdown in business activity over the holiday season and activity levels not returning to normal until March.

For many business it is not just sales that suffer during this period, collections will also be down with many businesses closed from 24 December until the third week of January. In the mean-time businesses still need to fund the Xmas holiday pay, second provisional tax payment due in January, GST obligations, rent and other fixed costs.

The flexible nature of Interface’s invoice discounting service could be the solution for those in need of short term assistance and unable to obtain an extension to their current bank facilities. Please contact us if we can be of assistance.

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Instant Cash for Your Business

Interface is NZ's leading alternative finance source for small and medium sized business. We have over 15 years' experience in NZ with our specialist invoice discounting (spot factoring) service and can turn your debtor invoices into immediate cash to pay your creditors on time. Why wait for your debtors to pay you in 30 to 45 days when you can have cash today?