Capital Reach to provide financial advice to SME sector

Realising the clients' need for proper and timely financial advice, Capital Reach through their Consulting Arm commenced an additional service to clients of Capital Reach Leasing Ltd which is a Central Bank approved Finance Company.

By providing this new service clients are offered advice on how to manage their cash, keeping proper financial records, efficient utilisation of their resources, advice on how to add new potential to their sales network to give them an edge over their competitors, assistance in restructuring and rescheduling and more advice on other areas depending on each individual need.

Sometimes even clients' visits are undertaken. In these circumstances Capital Reach clients have an added advantage in that, to a greater extent they would remain viable and have an opportunity to even expand their businesses.

Those clients who have the potential to expand and go into new ventures are also assisted by providing them with the expertise they need in areas such as project formulation, project approvals and implementation.

Capital Reach is proud of the fact that with the expertise they have, they are able to help the small and medium entrepreneur and help them improve their business by providing a Total Solution and not just a leasing solution, the company said yesterday.

A majority of the clients of Capital Reach are the small and medium entrepreneur. In many instances, clients who have resorted to obtaining a lease do so either because they don't have the ready cash to make the purchase outright or they are in business and are desirous of maintaining the liquidity.

If cash is tight and an outright purchase is made the quantum of cash available for the business operations is reduced by that amount, thereby reducing the funds available for working capital.