Alternative ways to boost working capital
British companies are historically poor at improving working capital. Finance Week figures show they are increasingly looking to factoring and asset-based lending to boost their cash flow. Here Gerry O'Kane looks at cash management and warns poor payers may cost more than you think.
Figures for how efficient companies are with 'their' cash make for depressing reading. In many cases they reveal a lack of care and understanding about the importance of their cash flow and working capital.
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