Holiday Cash Flow Warning
Angus Sedgwick is CEO of OptiPay and believes many business owners are inadequately prepared for managing their cash flow at this time of the year.
A recent CreditorWatch survey shows only 66% of small business owners are satisfied with their current level of working capital with many having to lay off staff to deal with cash flow and credit challenges.
OptiPay has seen an 18% increase in requests for invoice financing as SMEs prepare for extra orders and demand heading into Christmas.
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