Bring in the HMRC changes – Trusted cashflow support from Advantedge

By 03.24.22September 30th, 2022No Comments

The 1st December 2020 will see HMRC regain its preferential status as a secured creditor which means many SMEs /owner managed businesses should be looking at how best to protect their assets and investments in the unfortunate event that their business is unable to continue to trade.

Having a fixed charge debenture secured against specific investments and assets will give priority protection ahead of HMRC. Many businesses are already considering Invoice Finance as a highly appropriate method of ring fencing and safeguarding their core asset, namely their debts (outstanding invoices). Very often these represent a business’ single biggest asset on its balance sheet.

Speaking to a commercially supportive and sympathetic funder such as Advantedge will give your business a welcome peace of mind during these uncertain times and allow you to plan effectively and considerately this side of Christmas and into the New Year.

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eCapital Corp. is committed to supporting small and middle-market companies in the United States, Canada, and the UK by accelerating their access to capital through financial solutions like invoice factoring, factoring lines of credit, asset-based lending and equipment financing. Headquartered in Miami, Florida, eCapital is an innovative leader in providing flexible, customized cash flow to businesses. For more information about eCapital, visit