{"id":16405,"date":"2023-07-03T10:04:20","date_gmt":"2023-07-03T08:04:20","guid":{"rendered":"https:\/\/bstartup.bancsabadell.com\/?p=16405"},"modified":"2023-07-20T15:17:23","modified_gmt":"2023-07-20T13:17:23","slug":"cash-management-solutions-for-startups","status":"publish","type":"post","link":"https:\/\/bstartup.bancsabadell.com\/en\/cash-management-solutions-for-startups\/","title":{"rendered":"Cash management solutions for startups<\/strong>"},"content":{"rendered":"
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\n As startups\u2019 turnover grows, day-to-day cash (known as working capital) financing needs<\/strong> may arise. Bridging the gap between payments and collections in an environment of growing turnover can become a must.\r\n\r\n \r\n\r\nFor example, in B2B models, it may happen that collections from clients are not immediate; sometimes the client will pay you at a future date, thus creating a tension in the liquidity in your startup.\u00a0 In some cases, paying suppliers can also become a challenge, when the volume of orders is increasing and our suppliers ask us to pay in cash, as well as the responsibility of meeting usual payments such as wages and salaries or taxes.\r\n\r\n \r\n\r\nIt is important to know the banking instruments at your disposal to use the one that best fits the needs of your startup.\r\n\r\n \r\n\r\nOne of the best-known solutions is the credit facility<\/strong>, but there are other much more specific products and sometimes they are more efficient, such as:\r\n