First Bank’s Post

Each time your business grants credit to a new customer, it is taking a chance that the debt will not be paid. This creates risk for your business’s cash flow and profitability, since one large unpaid invoice may have the potential to destroy your bottom line, halt growth, or even trigger insolvency. Learn five signs of a struggling customer & how to avoid issues before they start. Read the full infographic here: https://lnkd.in/eKebNWUk

Get the flexibility to manage your cash flow effectively with our operating lines of credit, ensuring you have the resources for every business demand. 💳💵 #CashFlowManagement #CreditOptions

Does your business need access to cash to purchase more inventory, cover unexpected expenses, or support growth initiatives? Consider using a line of credit! 💸 Reach out to Joel Jeffe by 📞 at 314-854-4600 or by 📧 at [email protected] to see how he can help you reach your business goals. #FirstBankFamily #LineofCredit #BusinessFunding

We get it, if you are struggling to keep on top of your invoices and payments it can be STRESSFUL! We can take the hassle and stress out of credit control for you, so you can focus on what you do best. We’ll work closely with you to ensure accurate payment allocations and reduced debtor days – meaning improved cash flow for your business. Let us take the stress out of chasing payments so you can get on with running your business. With us, you’ll see a noticeable improvement in your cash flow – meaning more money to reinvest back into your company. Contact us today to find out more ➡️ https://loom.ly/hvbTjqM #creditcontrol

Credit control requires consistency. We get it, you rarely have time to be consistent. With organising your carers, care calls, clients etc., you have too much on your plate. The outcome of good credit control is that your business cash flow will be consistently fed with money in, making it possible and natural for the business to cover its costs. This isn’t something that can wait. If you’re struggling to remain consistent, DM us! We can help you with this. We will ensure you have positive cash flow. #creditcontrol #consistency #cashflow

Power up Your Business.  Selling receivables to debt buyer partners offers many benefits. It allows for immediate cash flow, frees up internal resources, and lets you focus on core operations. Plus, their expertise and specialized resources maximize recovery and minimize losses.   #DebtSelling #CashFlow #BusinessStrategy 

The Cash Flow Statement, the third main financial report shows how money flows in and out of your business during a specific period (like a month, quarter, or year). It helps you understand your business's liquidity and financial health by breaking down cash flows into three main categories. 📊Operating Activities – This section includes cash transactions related to your day-to-day business operations. 🏢Investing Activities – Here, you’ll see cash flows associated with buying or selling assets. 📈Financing Activities – This category covers cash transactions involving borrowing, repaying loans, or issuing or buying back stock and paying dividends. Do you need help interpreting your Cash Flow statement? Feel free to schedule a consultation today. https://lnkd.in/e9wssDHJ #CashFlow #FinancialHealth #BusinessFinances