Cash is king in 2022

As we approach the end of June, it’s all about whether the UK will enter a recession. Experts have said that the UK faces a “cocktail of challenges” but could not agree whether there would be a recession in 2022 or not.

Recessions are a normal part of the business cycle so it’s important to have plans in place, so what business owners need to concern themselves with is planning for the eventuality of a recession.

One of the most important concerns business owners have is running out of cash, this is especially important during a recession. Cash flow is key during a recession and ensuring invoices are paid on time and within agreed credit terms is of vital import to ensure cash remains flowing and is not reduced to a trickle.

An Invoice Finance facility with Regency can be a business’ secret weapon. Our experienced credit control team work closely with our clients and work within their agreed credit terms and ensure we can advance the cash our clients need to keep moving forward, even in tough economic times and prepared for when the economy starts to grow again.

To discuss the funding options available to your business. Please do not hesitate to contact us on lynnew@regencyfactors.com and we can arrange contact via Facetime, Zoom or WhatsApp to discuss funding “Face to Face”

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