Improve Your Cash Flow by Making Batch Payments

Here’s how you can improve your cash flow with batch payments

Good cash flow management means knowing what’s coming in and what’s going out and an organized system for paying bills all at once can be a huge help.

Start by checking your calendar to see when your expenses or suppliers are due to be paid each month. Then, look at your accounts receivable to see when you can expect payment for outstanding invoices. Aim to group payments to suppliers or to bill payees as close as possible to the due date and time those payments to coincide with inflows of cash from your receivables. Depending on your relationship with vendors, you may be able to have them adjust your billing date in order to time payments optimally for your cash flow.

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Let’s get you the financing you need to grow your business. Whether you’re looking to expand, purchase equipment, fulfill an order or stabilize your cash flow, we can get you the right type of financing for your needs. If you’re still not sure which type of financing is right for you, you can use our matching tool or give us a call at (800) 780-7133 to speak with one of our financing specialists.

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