March 2024 Banking & Finance Update

Welcome to the latest update from our Banking and Finance team.

In this edition we're diving into the crucial realm of business liquidity. Discover what liquidity means for your company's short-term stability and long-term success. From understanding asset liquidity to navigating funding challenges in the construction sector, we've got you covered.

Plus, hear first hand from a satisfied client about the transformative power of expert support.

Stay tuned for concise tips and expert advice to supercharge your liquidity strategy. Let's optimise your financial resilience together!

Business Liquidity – How to improve it!

Liquidity in Business – What is it?

Liquidity represents a company's ability to meet its short-term obligations such as wages, supplier payments or loan repayments,? without causing significant disruption to its operation.

Businesses typically have a mix of liquid and illiquid assets in their balance sheets. The liquidity refers to how quickly and easily an asset can be converted into cash. Cash is obviously the most liquid of all but other assets with high liquidity include shares or debtors. Assets with low liquidity include property or large, expensive equipment, which take longer to sell.

Liquidity in business – It’s important! Find out why…

Navigating Turbulence: Insight on Funding in the Construction Sector

Embark on a journey through the Construction Sector with Tim Wilkinson, Commercial Broking Director in the Banking & Finance team at MHA!

In this enlightening video, Tim delves into the challenges that have beset the sector in the past year, offering invaluable perspectives on the current landscape and the availability of funding for construction businesses looking to secure financing. Gain essential insights by clicking on the image below and watch the video now.

Despite facing unprecedented challenges, the construction industry has shown remarkable resilience. If you have any questions or simply wish to discuss the sector further, Tim is available to lend an ear and share his expertise. Reach out without hesitation!

Testimonial Spotlight

Les Meader, Managing Director of Omnia CS Limited, shares his heartfelt experience:

At a challenging juncture, I reached out to MHA for assistance with my cash flow. Greg's encouragement was pivotal—he reminded me that 'you're not done till you say you're done.' With Kirsty's guidance, we explored various financial models, including working capital, asset finance, and trade finance. Kirsty's dedication and personalised support were exceptional. Her regular check-ins felt like a lifeline during tough times. I can't thank Kirsty and MHA enough for their unwavering support. Working with them was a game-changer, and I look forward to collaborating with them in the future. Thank you, Kirsty, and thank you, MHA, for believing in me when I needed it most.