Discussion Board » Cashflow » Current Post
Posted by mikedeacon28/02/201011:59
Thanks, Mike Deacon
Thanks for your post. How can you offer help? What advice can you give to SMEs and what would need to be done to make this more widely available?Reply by Rebecca Hollis on 02/03/2010 at 13:55
Thanks Rebecca. Firstly, SME's often do not have the time to identify finance - too busy running the day to day to worry about that. Therefore, clients often need to have an independent assessment of their position to identify cash flow or other financing needs to make more profit (by more sales or reducing costs). The next stage is to find willing funders to help - a best fit approach. Ideally a portal where people can go to find suitable funding is a good approach. Hope this helps.Reply by mikedeacon on 03/03/2010 at 00:48