It’s a time of year that brings smiles to children and families all around the world.

It’s a nervous time for the turkey population.

It’s a signal to optimistic males that shopping on December 24th leaves plenty of time to tackle holiday to-do lists with gusto.

For the business owner, it can be a time of worry.

Many businesses close for those two to three weeks over Christmas and don’t come back until mid-January. Unfortunately, while operations pause, expenses like bills and wages don’t. This can be compounded by many businesses also holding onto their money over this period and not paying bills due just before Christmas in the knowledge that, they can hold onto their money and address it in the third or fourth week of the new year. Thereby granting them some ‘breathing space……

The ripple effect of delayed payments.
This may surprise you, but it is a very common occurrence among business owners to try and stretch out payments over this period, but as with all things, for every action, there is a reaction.

By stretching out payments to suppliers and fellow business owners, they are then putting their suppliers under duress with their cash flow and so forth.

How to maintain cash flow during the holiday period.
This cash flow issue can be alleviated by putting in place a temporary overdraft via a number of funders. This provides flexibility and peace of mind during uncertain times, ensuring you have funds available when you need them most.
This can take the form of a certain amount, or as a limit to be drawn down upon, as and when required.

Key benefits of a temporary overdraft include:

• You only pay interest on what you draw down
• Flexibility to take out amounts as and when required
• Ability to make additional repayments
• Ability to pay back with no penalties

While ideal for the Christmas period, a temporary overdraft isn’t limited to the holiday season. It’s also valuable for:

• Seasonal businesses: Manage cash flow during high-demand periods, like agricultural harvests or tourism peaks.
• Supplier discounts: Take advantage of early payment deals to save money.
• Stock purchases: Buy inventory ahead of price increases or seasonal shortages.
  
  

If you’re navigating holiday cash flow challenges, Atlas Broker is here to help. Our team can connect you with flexible funding options tailored to your business needs.

Get in touch with us today to explore solutions that work for you this Christmas.