Hi, my name is Graeme Shevas and I help Scottish Transport and Haulage
companies to improve their cash flow by releasing monies from their
I’ve been in business for over 30 years and the question I’m getting
asked most often at the moment is ‘How do I improve my cash flow now
that my customers are finding it harder to pay their bills?’
So, here is my best advice. If you are in the Scottish business to business
sector you will be raising invoices for your goods or services and you’ll
probably be waiting 45-60 days to be paid for those invoices. As a result
of the Coronavirus you may well have seen a downturn in trade. It’s not always
the case with transport but certain sectors and companies certainly have, so
that will mean that you’re raising less invoices and as a result, the amount
of money that you will have coming into your bank account over the next few
months will be significantly reduced.
Now, you may well have enough money to get you through to when you return to
normal levels of trade again, but when you get back to normal levels of trade
you will have dwindled away your cash reserves and you will still have to wait
45 to 60 days to get paid for your new sales invoices.
So you’re going to have a funding gap, potentially, so how do you plug that
This is where an Invoice Finance facility will be useful because if you have an
Invoice Finance facility, as soon as you raise a sales invoice you can receive
85-90 percent of the value of that sales invoice into your bank account within
Now, with the Coronavirus Business Interruption Loan Scheme you may well qualify
for a guarantee to be provided, by the government, to the lender in order to put
that facility into place.
This is something that we specialise in and my role is to make sure that you
do not have to go to lots of different providers in order to find the best deal.
You apply solely to us and then we then take your application to the market and
find the most suitable lender based on your sector, your turnover, and how your
business has been trading. Once we find the most suitable lender, we then get
the best deal possible for you.
The best part of it is that this service does not actually cost you anything.
The fee that we receive for doing this is paid for by the lender.
So, if you are a Scottish Transport or Haulage company and you are wanting
to put into place an Invoice Financing facility then please fill out the
‘Contact Us’ page on this website and we will work out what we can do to
improve your cashflow.