Working Capital Finance can help your business in the following ways:
●
Support Daily Cash needs
Working
capital
fulfills cash needs for many day-to-day activities ranging from labor wages,
rent, machinery, inventory, and many other daily operations that are vital for
sustenance.
●
Improve the company’s growth curve
Marketing is essential but costly for small and medium enterprises. Working capital provides funds for marketing purposes and helps achieve increased retail sales.
● Improve the company’s liquidity status
Until recovery from unpaid invoices is successfully processed, it is necessary to have appropriate amounts of funds with the entrepreneur to save the company from mortgaging its valuable assets or liquidating/ diluting the company’s shares. A strong source of working capital serves the purpose.
●
Invest more in business expansion and worry less
Whether it is about business
expansion or strengthening your local market foothold, working capital does it
all without compromising on your product/service quality or interfering with
the current needs of your business. It also provides a competitive edge to your
business and at other times, shields against the cut-throat competition. No
matter what the case, EnKash has your back with its all-in-one corporate card
called the EnKash Credit Card.
●
Stabilize cash flow
The business’s revenue generation
may fluctuate seasonally or quarterly. But a working capital can ensure you sail through this ebb and flow of
revenue without much annoyance.
●
Sail through market uncertainties & pandemic