Working capital or equipment finance: what’s the difference?
Understand the starting questions behind two common business funding needs.
Read the guide ↗INSIGHTS
Better questions. Smarter conversations.
Ideas and plain-English explainers to help you think through your next business finance decision.
Talk about your finance✳GOOD QUESTIONS
OPEN POSSIBILITIES
OPEN POSSIBILITIES
THE KNOWLEDGE DESK
A little clarity goes a long way.
What to consider before exploring invoice finance.
A plain-English look at receivables and the timing of business cash flow.
Read the guide ↗Five details worth knowing before a finance conversation.
A short checklist to help you describe your funding requirement clearly.
Read the guide ↗Working capital or equipment finance?
Working capital usually relates to money used in ongoing business operations — from suppliers and inventory to the gap between expenses and customer payments. Equipment finance is generally linked to purchasing specific assets such as vehicles, machinery or technology. The right category depends on what you're buying, how your business trades and the terms available.
Invoice finance starts with your receivables.
When customers pay on terms, the timing of those payments can affect cash flow. Invoice or debtor finance is one way a business may explore accessing funds against eligible unpaid invoices. Suitability depends on the nature of the invoices, customers, contracts and the provider's criteria. Ask about fees, recourse and how collections work.
Five details worth having ready.
Start with the amount you want to borrow, the purpose, the length of time your business has traded, an estimate of monthly turnover and when the funds may be needed. A clear, concise explanation of the opportunity or cash-flow need can help make the first discussion more productive.