- 28 Jul
Cash Flow Is The Second Biggest Issue Facing SME Businesses
In my previous post I mentioned that 49% of SMEs said that the biggest issue facing their business over the course of the next year was having insufficient cash.
A further 22% of respondents, the joint second largest category, said that "cash flow" was the biggest issue facing their business over the next year.
This means that when combined, 71% of SME businesses see the biggest issue for their business being cash related - and something that could be erradicated through using a cash flow product such as factoring, invoice discounting or invoice finance.