ThriveHub

Resources

Steps To Improve Cashflow

You have probably heard the maxim that ‘cash is king’. Many very profitable businesses have failed because of cashflow problems. Healthy cashflow is essential to a thriving business.

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Creating a Savings Drive

When you’re deep in the day-to day running of a business, it’s easy to lose sight of the balance between what’s coming in and what’s going out.

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Keeping ownership until you’re paid

After all you have not been paid so they remain your property don’t they? It can get complicated and that’s where a Retention of Title clause in your Terms and Conditions is absolutely essential.

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Paying Promptly Matters

We have all come across a business that always pays late. Occasionally a little late, you can excuse. Everyone is human.

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Limiting Insolvency Risk

Not every business survives. But it is important that you manage your exposure to the risk from other businesses becoming insolvent in order for you to continue to thrive.

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Late Payment – Your Right to be Compensated

Nearly 30 years ago the UK Government took action to help UK businesses combat late payment with the introduction of the Late Payment of Commercial Debts (Interest) Act.

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Credit Management Tips

There are a lot of maxims in business. ‘A sale is not a sale until it is paid for’. ‘Cash is king’. ‘Under promise and over deliver’. ‘What gets measured, gets managed’.

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Creating and Applying  Watertight Terms 

How often have you heard that people do business on a handshake? It’s not a noble gesture to do this. In the worst case scenario, it can be catastrophic.

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Collecting Your Cash

Ensuring that you can collect what you are owed is as much about the groundwork you put in beforehand as it is how you go about the actual processes of collection.

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Cash flow Finance A to Z: The Terms That Matter and What They Mean

When cash flows freely, businesses invest, hire, take on new contracts, and build. When it stalls, usually because money is sitting in unpaid invoices rather than in your bank, even a profitable business can find itself unable to move.

Success Stories

Entrepreneur secures six-figure multi-lender funding to boost construction firm’s growth

The entrepreneur behind the transformation of Wolverhampton’s iconic Express & Star building secured six-figure funding from four Midlands lenders to support the growth of his contracting business.

Success Stories

Specialist outsourcing company taps into growth

A specialist outsourcing company serving the utilities and water industry accessed a £100,000 invoice finance facility from FlexABL, enabling it to manage a surge in demand and scale to c.100 staff.

Success Stories

Powering performance to help businesses thrive

Two agencies use flexible invoice finance from FlexABL to bridge the gap between upfront event costs and client payments, helping them take on new contracts and deliver projects for global brands.

Success Stories

The magic behind remarkable growth

The Early Years recruitment firm turned to FlexABL to manage rising payroll costs as the business grew, providing flexible working capital to expand into new areas and take on further opportunities.

Success Stories

Engineering success with FlexABL

This family-run Midlands engineering firm switched to FlexABL for a flexible invoice discounting facility, helping it manage extended payment terms while supporting ambitious plans for future growth.