Hire purchase or leasing – how to choose the form of financing for investments?
2021-05-20
An essential part of an entrepreneur's everyday life is to make purchases and investments, whether it is for growing the business or when facing a surprising situation such as broken gear or tools. Before emptying your pockets, it is always a good idea to put some thought into what financing options the company has for making an investment. Alternatively, you can rely on a financing partner that supports your company’s growth. An ideal financing partner is able to take into account your company's current financials and recommend the best financing solution for your situation.
PURO and Visma Financial Solutions to cooperate to offer more comprehensive invoice lifecycle services
2021-05-03
PURO Finance Oy and Visma Financial Solutions Oy have entered into a business cooperation, the aim of which is to offer Visma Financial Solutions' customer base more comprehensive invoice lifecycle services by adding PURO's factoring solution to the range of services.
How to respond to change and secure future cash flow
2021-04-27
The SME sector in Finland is being shaken up by the corona crisis – and the aftermath is still ahead of us. Changes in the operating environment are now forcing many entrepreneurs to reform, but what are the means of change for companies, and what kind of change should be invested in? We listed a few key ways to help you keep a peace of mind when considering investment decisions. Get your tips from below!
5 tips for coping with long payment terms
2021-04-12
Almost a third of the companies that participated in the survey commissioned by Suomen Yrittäjät (Entrepreneurs in Finland) replied that they had suffered financial damage as a result of customers' demands to stretch their payment terms. If a company is in trouble with running its own business, it may primarily seek to negotiate the payment terms with its customers. In many cases, however, the bigger party dictates the payment times. We put together a few tips for coping with long payment terms.
Case Procountor Kassaturva: Supporting the cash flow of Finnish companies with integrated factoring technology
2021-04-08
Exceptional times have been shaking the world since early 2020, and overcoming the challenges put forth by the pandemic has been part of many business owners’ daily lives ever since. In addition to the challenge of adapting to various restrictions and exemptions even at short notice, also uncertainty about cash flow has shaken the operations of many companies. During the exceptional year, PURO has helped more than 150 Finnish companies to grow their business with factoring.