Cash is Still King...but how do you get hold of it?

Cash is king—this age-old adage remains as true today as ever. Without readily available cash, you can't pay suppliers, meet payroll, or seize growth opportunities. Here are the most effective ways to unlock cash flow and keep your business moving forward.

1. ASK FOR EXTENDED PAYMENT TERMS

Negotiate extended payment terms with your suppliers. Many offer 30, 60, or even 90-day terms to valued customers with good payment history.

Use case example: By negotiating 60-day terms with his suppliers, you can keep additional money in your account for longer, allowing you to spend more on marketing, buy additional supplies or invest in growing your business. 

Pro tip: Approach suppliers with a proposal, explaining how extended terms help you grow and increase your orders with them.

2. EXPLORE COMMERCIAL LENDING WITH AN INDEPENDENT BROKER

For business financing, a commercial broker can match your needs with the right solution - including commercial mortgages, loans, invoice financing, or asset finance. As part of our extended service offering, BoostPay now offer a dedicated broking service with free consultations to start the process. 

Commercial lending options:

• Commercial Mortgages: Purchase your own premises or release equity to raise capital

• Commercial Loans: Flexible funding for growth, equipment, or working capital

• Invoice Financing: Access 80-90% of invoice value within 24 hours

• Asset Finance: Fund vehicles and machinery on flexible terms

• Development Loans: Used to fund the cost of building projects, anything from ground up new builds to refurb projects

Case example: A property development business owns a portfolio of properties and used these to buy a new warehouse on 100% finance in order to save paying ongoing rent to a commercial landlord.  

The broker advantage: They assess your situation, present multiple options, handle paperwork, and often access specialist lenders who don't advertise publicly. A free consultation is a great place to start – why not speak to our commercial lending partners to find out more.

andrew@seicogroup.com or call 0800 083 8898

3. UTILISE A BUSINESS CREDIT CARD

Business credit cards offer 30-56 days of interest-free credit—essentially free short-term financing. Use them for everyday expenses, then pay off the full balance before interest kicks in.

Use case example: By using a business credit card with a 45-day interest-free period, you delay your cash outflows while taking on larger projects or allocating the cash you retain to other upfront investments. 

Word of caution: Only effective with financial discipline. Always pay the full balance to avoid high interest charges.

4. PAYROLL WITH POINTS

BoostPay's Payroll with Points allows you to settle your employee payroll and certain HMRC costs with your business credit card (including American Express, Capital on Tap and many more). This gives you up to 56 day payment terms plus cashback, air miles or loyalty points (depending on your card T+Cs). As an extra bonus, with American Express you can spend the reward points you earn with no Benefit in Kind. 

Use case example: An accountancy firm with a monthly payroll of £88,000 uses Payroll with Points to help spread the cost of their payroll and benefit from the 0% BIK reward points to use on personal or business expenses. They continue to process their own payroll utilising BoostPay’s service only for the payment processing. 

5. SEPARATE SAVINGS POT FOR HMRC

Tax bills—VAT, corporation tax, PAYE, and NI—create sudden cash drains. Open a dedicated HMRC account and immediately transfer tax portions from every customer payment.

Use case example: Instead of stressing when an HMRC bill comes in, get ahead of the game by transferring  20% of every invoice to her HMRC account. When VAT returns are due, the money's already there, usually with a surplus — no cash flow crisis and no headaches. 

Why this works: You eliminate spending temptation, avoid surprises, and gain accurate visibility of your true available cash.

THE BOTTOM LINE

Cash is king, but you don't have to sacrifice growth due to cash constraints. Start with smart cash management—extended payment terms, business credit cards, and disciplined tax savings. Then combine innovative approaches like BoostPay's Payroll with Points with commercial lending accessed through an independent broker.

The question isn't whether you need cash. The question is: which strategies will you use to get hold of it—and keep hold of it?