The costs associated with fulfilling export contracts can take up precious working capital, so this needs to be managed closely to ensure the export business and the day-to-day operation of your business are supported.
To improve cash flow and gain access to finance, you can look at:
- converting some or all of your accounts receivable into cash through invoice discounting or export factoring
- negotiating prepayment from your buyer so that you receive some or all of the payment amount upfront. Talk to your bank and these and other ways you can manage your business cashflow.