New advice to get e-commerce firms finance-ready
Finpoint, the Chamber 's preferred finance hub, has issued new advice to ensure e-commerce firms are ready to take advantage of the finance opportunities they need for growth.
The continued growth and evolution of UK e-commerce businesses provides space for new funding opportunities.
However, e-commerce businesses need to be adept at ensuring they are sustainably set up for growth before they can look at funding.
Finpoint is providing these firms with top tips on embracing technology and automation, being aware of their credit score, ensuring they open a dedicated business bank account, keeping abreast of local import regulations and taxes, understanding potential currency risks and managing their cash flow.
A Finpoint spokesperson said: “There are an increasing amount of lenders ready to help e-commerce traders grow their businesses.
“Help get your business finance ready with our tips. ”
Whether you 're looking to grow your business, make investments or support your cash flow, Finpoint can help.
Businesses can use the service for free and save time with one simple online application, and let Finpoint 's experts assist with the rest.