Just Cashflow VAT Finance; Insolvency Numbers Edge Upwards; and Business Savings Habits

Business Finance Bulletin

Opening the latest Business Finance Bulletin podcast, we look at a new offering from alternative finance provider Just Cashflow. With more traditional cashflow issues starting to re-appear, Just Cashflow has launched a VAT Loan facility to support businesses with payment of their VAT liabilities. Despite the perilous state of the UK economy, the latest figures on how many businesses have entered an insolvency arrangement is still low. We look at the three factors which are artificially holding the numbers back. To close, a survey from Aldermore Bank reveals that the events of this year have reminded businesses of the importance of holding a cash reserve. The survey finds that businesses are now looking at increasing the amount they save.