Hi, my husband runs an engineering business and I help out with the books. Recent he won 2 contracts where the clients are paying in three installments and the additional work means extra staff and pressure on cashflow. Can we obtain short term finance now we have the contracts in place?
There are definitely lots of options for cash flow and invoice finance. It will depend on a number of factors including how long the company has been operating etc.
I would recommend speaking to an experienced business finance broker.
If you have any other questions please feel free to ask