Urgent.News

What's breaking now, across thousands of outlets.

More in Business

The cash cost of a 60-day customer (Sponsored)

A bigger UK contract can consume runway before it creates cash. Put the payment terms into the funding plan before signing. A large UK customer offers a scale-up a contract with 60-day payment terms.

  • 60-day payment terms offer large contract but hide cash needs.
  • Founders must factor collection date into cash forecast.
  • Additional £395k in receivables at 60 days costs £39.5k/year in funding.

More from Tuesday 20 October →