Is a bank overdraft right for you?
By Lorna Brett · 19 October 2011 · Cashflow
By Lorna Brett · 19 October 2011 · Cashflow
Discover the surprising downsides of relying on overdrafts for your business. Is your cash flow strategy putting you at risk?
Whilst some businesses prefer to make use of a bank overdraft, there are a number of disadvantages of using this method of credit. Use this checklist to see whether an overdraft is right for your business.
Tags: Bank Overdraft, bank overdrafts, Business Banking, business credit, Cash Resources, disadvantages of an overdraft, overdrafts for business