As business owners, We've all been there, the business is growing and you need more stock and you don't have the cashflow to cover it. You don't want to use all your working capital and your supplier is not giving you the payment terms you need.
In these situations there is very few options available. You could take out a business loan, but that solves the problem just once and then you need to re-apply. You could get a credit card or an overdraft, but then you need to work out if the credit limits are enough and what happens if your suppliers don't accept plastic?
Unlike a Business Loan, Bank Overdrafts or Credit Cards, Cloudfloat allows you to truly free up your cash flow and increase your working capital by extending your payment terms with your supplier for any Business expense. Cloudfloat offers from 45 to 90 days interest fee payment of your supplier invoices. You can tailor the instalments to best suit your business’s cash flow – putting you in control of your supply chain and cash flow.
Treat Cloudfloat like paying in cash and because Cloudfloat pays your supplier straight away resulting in your suppliers being paid early or on-time, this increases your leverage to negotiate discounts and price reductions with your suppliers
With Cloudfloat, you can buy now and pay later. Because cashflow matters.