Many businesses traditionally close over the Christmas period. However, not everything goes on Christmas holidays.

This month we look at one of the early warning signs that a business may need pre-insolvency advice – fintech lending. In this instance we are referring to online business loan applications. There has been a proliferation of lenders in this space, with their loans promoted as short-term unsecured business lending. Clearly, there is a space in the market for this type of lending, and in the right circumstances, this can be a viable solution to a short-term cashflow problem. Ho

I’ve never met a business owner that went into private enterprise with a view of failing. The vast majority of business owners are highly capable with a vision of succeeding and contributing to society through their commercial endeavours. Unfortunately, as we know, not every business makes it. Many business owners will diligently print their end of month Profit and Loss Statement and Balance Sheet, then scratch their head wondering why they are making profit but have little c

Typically, the Christmas & Easter periods are a difficult time for many businesses as most industries shut down during these holiday seasons, thus having a significant impact on business cashflow. This can often put the “last nail in the coffin” of a business suffering financial difficulty of some sort. This month’s case study looks at a client who suffered cashflow issues which were brought to the surface by actions from their bankers during this difficult trading period. ​