HOW TO GET MORE WHEN BANKS LIQUIDITY AND MAKE NO MORE CREDIT. ARRIAGA ASSOCIATES CONSULTING SPECIALIZED FINANCING SMES IN TIMES OF CRISIS. NOW ALSO IN ZARAGOZA, SPAIN Reviewed by Momizat on .   HOW TO GET MORE WHEN BANKS LIQUIDITY AND MAKE NO MORE CREDIT Many companies have already exhausted their potential for bank financing. Believe should be said   HOW TO GET MORE WHEN BANKS LIQUIDITY AND MAKE NO MORE CREDIT Many companies have already exhausted their potential for bank financing. Believe should be said Rating: 0
Inicio » Blog Arriaga Asociados » HOW TO GET MORE WHEN BANKS LIQUIDITY AND MAKE NO MORE CREDIT. ARRIAGA ASSOCIATES CONSULTING SPECIALIZED FINANCING SMES IN TIMES OF CRISIS. NOW ALSO IN ZARAGOZA, SPAIN

HOW TO GET MORE WHEN BANKS LIQUIDITY AND MAKE NO MORE CREDIT. ARRIAGA ASSOCIATES CONSULTING SPECIALIZED FINANCING SMES IN TIMES OF CRISIS. NOW ALSO IN ZARAGOZA, SPAIN

triangulo

 

HOW TO GET MORE WHEN BANKS LIQUIDITY AND MAKE NO MORE CREDIT

Many companies have already exhausted their potential for bank financing. Believe should be said that if any stock, since, as financial consultants, we have increased bank finance companies that had no idea that it could get. However, this article attempts to explain other ways of financing other than banks.

Then we will expose those sources of funding that any SME may know him well, but it is good to remember:

• You can increase the purchasing and financing via satellite providers. On the one hand it is possible to obtain more funding from suppliers that we want to sell and put their trust in us. On the other hand hiring vendors who are able to provide more timely, in a more flexible without having to anticipate purchases well in advance will help free up financial resources.

• Stocks Reduction. Most businesses accumulate stocks to ensure that production does not stop or to give good customer service. However, with better organization and some service settings can reduce inventory investment significantly.

• Improving the collection period. You can get more funding if customers pay before. This can be achieved through negotiation and through discounts for prompt payment. The reduction in payment periods are very interesting because it reduces the risk and should not endorse the partners personally to get this funding.
• By improving management of the office to resolve issues is not an excuse for customers to delay in payment of bills and to avoid any kind of return for errors or failures.

However, there are other forms not so well known yet equally effective. You can request a postponement in the payment of taxes and social insurance. Arriaga Associates helped a small SMEs to get an adjournment of more than € 100,000 of VAT. The same can be achieved in other taxes such as income tax and social insurance.

Of course only those may postpone tax payments that are in voluntary period, not when they are in time executive. Nor can delay or split the deductions that the company has held to account, with some exceptions.

In some cases it will be necessary to provide any guarantee or provide collateral, when the amounts exceed the 5,000 € to 6,000 €, depending on the tax and the administration concerned.

This article aims to show a possibility that may have more SMEs. For some companies this way may be your salvation. For others just will be an improvement. And for other SMEs will not be the ultimate solution but will help overcome a temporary situation of illiquidity.

Arriaga Associates is an expert in securing financing and refinancing of SMEs. We are accustomed to working with a wide range of possibilities, manage and negotiate all options to achieve the objectives. Most of the work load we carry. We have achieved mixed cases of financing and refinancing have avoided bankruptcy in a very critical situation.

Jesús María Ruiz de Arriaga

Attorney, econonomisa and consultant. Managing Partner

Acerca del Autor

triangulo
triangulo

Deje su comentario

triangulo

Subir