The Association of Banks in Malaysia’s Post

Alliance Bank - Tips to help prepare you for restoring your business’s financial health and secure capital for your business.

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Our economy and businesses are slowly but surely reopening and recovering. Here are some tips to help prepare you for restoring your business’s financial health and secure capital for your business. It’s important to review the financial status of your business to help with future decisions and make sure that you’re on the right track. Some key questions to help you assess your business’s financial health: · What is the average number of days your inventory is being held? · How quickly does your company fulfil its debt obligations? · How long does it take from selling to the time you receive full credit from your customers? Our SME Financial Health Calculator tool consists of 9 simple questions designed to help you understand more about the state of your business’s financial health and assess the working capital you need. The more favourable your cash flow position, the higher the chances of getting approval for your business loan application. Try it for free at https://lnkd.in/gRfPZek

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