How a healthcare brand used a £500,000 Bizcap Line of Credit to open 5 new UK clinics
Plus enabled expansion into the US, kickstarted local manufacturing and unlocked growth on their own terms.
Accounts receivable is considered a current asset on the balance sheet, representing incoming cash. Effective management ensures:
Key metrics to monitor include:
A design agency completes a £5,000 project for a client and sends an invoice payable in 30 days. Until it's paid, that £5,000 is recorded as accounts receivable.
If delayed payments are affecting your operations, Bizcap can offer flexible funding to bridge the gap. This allows your business to continue growing even when clients are slow to pay.