BUSINESS FINANCE / MANAGE WORKING CAPTIAL
Explore a tailored working capital solution that suits you
ScotPac provides a wide range of finance and working capital solutions, so you and your business can find an easier way to manage cash flow, access funds and grow!
Propel your business with a working capital solution you can rely on
Small, medium and large businesses in all industries are dependent on sustainable, reliable cash flow to succeed. If you’re interested in growing your business or just need to fund ongoing daily operations, a financial solution that offers quickly accessible working capital is a necessity.
ScotPac’s team of experienced lending specialists work with businesses as partners, not as clients, to ensure we can find a tailored working capital management solution to keep your organisation operating smoothly. Why not speak to your local ScotPac office today to find out what sort of cash management solutions we can offer you?
Do you need a working capital solution?
Working capital refers to a business’s liquid financial resources that are readily available for covering everyday operational expenses.
Cash, accounts receivable and even inventory are all things that can be considered as current assets. While short-term debt, payroll and accounts payable are all current liabilities. Your level of healthy working capital is based on the difference between the value of your current assets and liabilities.
In other words, the more working capital you have access to, the better your ability to meet immediate financial obligations is, and the stronger your business’s financial position will be.
Working Capital Calculator
You can calculate your working capital by subtracting total current liabilities from total current assets: What you’re left with is a measure of the net resources your business has access to for quick, reliable cash flow management and operational expenses.
Working Capital = Current Assets – Current Liabilities
Check out ScotPac’s working capital calculator. Click here to find out how much working capital you need.
Do you have enough working capital?
If you’re trying to grow your business or if you’re just trying to keep your head above water, you might be wondering how much working capital you have.
Working capital can include:
- Cash – the amount of money either in hand or in the bank.
- Accounts receivable – the amount of money owed to a business
- Inventory – the value of your materials, products and manufacturing works in progress.
- Liquid, short-term investments – the investments that can easily be converted into cash when required.
- Prepaid expenses – the expenses made in advance and not currently due.
Growing your business with the right working capital solution
By having access to sufficient cash, you can ensure that all operational expenses are covered, suppliers are paid, inventory purchased, and employees paid. This allows you to focus on ensuring seamless growth and long-term financial sustainability.
A business without positive working capital may not have the cash flow to meet expenses or capitalise on growth opportunities. A business with negative working capital may not have the financial resources required to maintain itself financially in the long-, medium-, and sometimes even the short-term.
What are our customers saying about us?
ScotPac have assisted a number of our clients in time critical situations and are highly experienced cash flow lenders.
We think of ScotPac more than just a Financial Services provider, they care enough to know our business and as such we are more like partners
It’s growth funding that gets us the best from our working capital, which covers materials, wages and other costs while we wait to be paid for our goods.