Working Capital solutions for businesses with urgent cash needs has been added to Bookmarks.
Working Capital solutions for businesses with urgent cash needs
Addressing the financial impact of COVID-19
Public policy measures put in place to contain the spread of COVID-19 are resulting in significant operational disruption for many businesses.
Staff quarantine, supply chain failures, inventory shortages and sudden reductions in demand from customers are creating serious issues for businesses across a far wider range of sectors than initially anticipated. A number of businesses now face weeks, if not months, of exceptionally poor trading conditions.
For most, the revenue lost in this period represents a permanent loss rather than a timing difference, and is putting sudden, unanticipated pressure on liquidity.
Learn about the reasons why companies may be having issues; cashflow forecasting and the levers to release pressure from working capital.
Download the article here to find out more.