AddCash blog

Hacker waits undetected before attempting to steal client funds

Andrew Kelly — Wed, 19 Feb 2020 07:15:38 GMT

“I am not in the office today, my boss has advised that I requested money today and I haven’t. I want to get this cleared up as soon as possible.”

Funds disappear after offshore email hack

Andrew Kelly — Sun, 09 Feb 2020 23:29:11 GMT

It was a normal Wednesday afternoon, one of our Managers had just finished funding for the day and turned their attention to an unusual email.

The New Year Cashflow Crisis

Andrew Kelly — Tue, 14 Jan 2020 03:01:29 GMT

A warehouse without stock, a bank account without cash, a big December quarter BAS and January PAYG - all due at the same time.

Managing cashflow through the peaks and troughs of the holiday season

Andrew Kelly — Wed, 13 Nov 2019 03:03:04 GMT

Christmas is only weeks away and the retailers are in full swing trying to stimulate spending earlier.

Keep the fleet rolling

Andrew Kelly — Mon, 14 Oct 2019 23:30:00 GMT

Businesses in the transport and logistics sector face many challenges trying to manage and maintain consistent cashflow having to juggle fluctuating fuel prices, tight margins, reducing numbers of skilled drivers, and ever-increasing regulation and safety obligations.

How to stay sweet with your staff & customers through the busy periods

Andrew Kelly — Fri, 06 Sep 2019 03:10:48 GMT

Seasonal demand can fluctuate throughout the year, which can make it difficult to maintain cashflow for any business.

Six Signs you could use AddCash Customer Invoice Finance

Andrew Kelly — Wed, 10 Jul 2019 03:16:10 GMT

Not being in control of your business’ finance can be a frightening thought. Working on credit, trying to meet payroll and tax commitments plus trying to invest back into the business to grow, creates an uncomfortable situation.

Are overdrafts and credit cards the right funding tool?

Andrew Kelly — Thu, 27 Jun 2019 04:17:09 GMT

Over the past two or more years the biggest challenge for small to medium businesses is getting enough cash to effectively run the business. It’s not uncommon for a profitable business to have cashflow problems, and this is especially true when new growth and sales opportunities come up.

How does Customer Invoice Finance differ to a Bank Overdraft?

Andrew Kelly — Tue, 21 May 2019 01:37:09 GMT

Customer invoice finance and bank overdrafts both provide cash to help businesses fund their day to day operating expenses, however there are some major differences. Here is an explanation on how they vary to help you decide what is best for you.

Debtor Finance, Invoice Finance, Factoring, Customer Invoice Finance, Cashflow Finance, Accounts Receivable Finance, and more: What is the difference?

Andrew Kelly — Fri, 17 May 2019 04:01:20 GMT

Financing a business through its receivable invoices is not a new concept. In fact, its roots can be traced to over 4,000 years ago when the foundations were laid in Ancient Mesopotamia.