Better Business for Good TV

Episode 11: Under the Bonnet of Shift Payments

DISCLAIMER ABOUT THIS EPISODE

  Occasionally -never more than once every  12 weeks, and only when we see a new product attempting to make a genuine unique difference to small business owners we will run a product review episode such as this one. 

The Better Business for Good Company receives no financial benefit or incentive from any sales arising from this review. Any business considering using the product should conduct their own investigation to ensure it is the correct solution for their business objectives.

TV host Brenda Thomson talks with Paul Nayda from Get Capital about new finance product Shift Payments. (See disclaimer above)

The goal of Shift Payments is to change the financing landscape for businesses who provide trade terms to their regular customers. It's attempting to do this in four ways:

  • Improving cashflow management for sellers while letting buyers choose their own trade terms.
  • Relieving the tension between buyers and sellers. Let's face it none of us enjoy putting on our debt collection hat and asking for money.
  • Improving the accounts receivable process by putting it into the hands of experts.
  • And, perhaps most importantly in this Covid 19 environment, removing the financial risk associated with offering trade terms if one of your debtors goes into receivership.

To find out more about Shift Payments contact Better Business for Good Working Capital Strategist Martin Cattach from Finance for Business

Martin is a director of Finance for Business and his mission is to provide small business with the Working Capital and the Cashflow they need to enable them to grow and prosper in today’s tough business environment by providing an alternative to borrowing from the Big Banks as well as delivering advice and insights the business needs to grow.

Martin Cattach

Business Working Capital Specialist, Finance for Business

Free Report: 21 things highly profitable businesses do that less profitable businesses don't do

Become a Better Business for Good Community Library Member

All of our resources are held in the Better Business for Good Community Resource Library

It's FREE to join.

Sign up once and get free access for ever.

Already a member?  Login Here

About Better Business for Good TV

By small business owners, for small business owners.

All of our guests are small business owners themselves. They are also experts in their field and share our mission of helping small businesses build better businesses and contribute to a better world.

Every episode includes:

  • On each episode our guest shares their knowledge, insights and ideas around a business topic, issue or challenge relevant to small business owners.
  • Each panelist also shares a useful downloadable template or checklist that you can use to implement what was covered during their segment.

Past episodes of BB4G TV are held in the Better Business Builders Community Resource Library.

Join the Library today so you don't miss a single episode.

Previous Episodes 

Backup your Business

Backup your Business

11 minute watch When's the last time you took a backup of your business data? How confident are you that your last backup was successful? Fil Strati from Tech Seek says few of the business owners they come across can say with complete confidence whether their last...

read more

Find out how the BIPlan System can help you build a better business and contribute to a better world.