Cash flow is of vital importance to the health and success of a business. Cash flows into the business predominantly through the sale of goods or services and flows out of the business to pay for the costs. The difference between the two is called the ‘net cash flow’. If more money is coming in than going out the business has a positive cash position, the reverse is a negative position which results in the business being unable to pay its bills on time.
A company can often be very profitable and still find themselves in a negative cash position due to multiple reasons. They may need to purchase and carry lots of stock or pay in advance for materials required to fulfil an upcoming order.
Expansion is another of the main contributors as to why a business has negative cash flow. It is often said that if a company stands still it is actually going backwards. Expansion costs money, putting in place an infrastructure to support future revenue is a cost that is incurred in advance of the additional revenue it creates.
In instances like these investment is often required either in share capital from an outsider, which means they have to give up equity, or by way of a loan.
Bluestar offer Fast Business Loans which can be used for any purpose and provides a solution for companies who need to borrow money to cover the shortfall in working capital.
Fast Business Loans up to £20,000 have never been so simple. Bluestar partner with a lender that only need to see the last three months’ business bank statements (within a week of current date) and proof of identity (driving licence or passport). If the applications is successful the lender can send the cash within one hour.
For loans over £20,000 we may require some additional information and the application process normally takes up to 24 hours.
At Bluestar we can arrange Fast Business Loans for limited companies, limited liability partnerships and regulated customers. The minimum lend is £5,000 and there is no upper limit.
If you would like to apply for a Fast Business Loan please call our sales team on 01420-481500 or click here to complete our contact me form.
Bluestar is a trading name of Blue Star Business Solutions Limited which is Authorised and regulated by the Financial Conduct Authority.
