BUSINESS LOAN CASE STUDY 4
Published on
October 25, 2024
Our client operates a dedicated healthcare service business, specialising in the provision of nurses and healthcare workers primarily for the domiciliary healthcare sector. With an operational history spanning over six years, the company has built a robust service model that primarily caters to councils and other public sector organisations. These entities typically have extended payment terms of 30 or 60 days, which presents a significant challenge in managing cash flow due to the need to make prompt weekly payments to healthcare staff.
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