Why would you need cashflow finance
Cashflow lending is generally used to help finance working capital in order to maintain day-to-day operations. The loan itself is usually unsecured and can be used to cover daily operations such as paying bills, rent, training employees and for paying employees.
This type of lending hugely benefits businesses that find themselves in short supply of working capital. For seasonal businesses, it can be particularly tough maintaining a healthy flow of cash during quieter periods.
Whilst sales may fluctuate, and decline during certain periods of the year, business costs remain consistent. This type of finance is ideal when a business needs an injection of emergency cash.