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Newsletter: February 2010
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Results of our survey: businesses optimistic
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Dear Colleague
As you'll know from our last newsletter, here at Cashflow Acceleration we've been conducting some research. We asked over 100 businesses what their expectations were for the UK economy and their views on invoice finance.
Interestingly, 73% of businesses expect economic conditions in the UK to improve this year. As the economy officially lifts out of recession, albeit with a modest growth rate of 0.1%, it looks like good news.
Watch out for more of the survey findings in subsequent issues of the newsletter.
With kind regards,
Julie Blackman
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Survey reveals customers are taking longer to pay
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In our recent survey, 66% of businesses reported a slow down over the last year in the time taken by customers to pay invoices. Despite this, only one respondent that said this had ever used invoice finance. This is surprising, since invoice finance can release the cash tied up in unpaid invoices and, in some cases, cut the time to get payments in from customers.
If you want to reduce the time to get paid we can almost certainly help you. Simply start by requesting a free online quotation search...
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IF IT'S GOOD ENOUGH FOR A DRAGON...
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Glenn Blackman of Cashflow Acceleration recently noted on his blog that James Caan of TV's 'Dragon's Den' had made use of receivables financing, according to an article in Trade Finance.
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Is this the kind of high profile example needed to raise awareness of the business benefits offered by invoice finance?
Read the full story and comment on Glenn's blog ...
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