Almost a third of British small businesses suffered from cashflow problems towards the end of 2008, it has been found.
The investigation by Lloyds TSB discovered that 29 per cent of smaller firms were beginning to struggle for liquidity, which could increase instances of corporate insolvency in the UK.
As a result, more companies may potentially turn to services such as Ansarada's secure virtual data rooms, which can support the swift sales of assets in an encrypted online environment - providing an instant boost to cashflow.
Managing director of commercial finance at Lloyds, Simon Featherstone, said: "With economic conditions remaining tough, it's vital that businesses examine where the threats lie and look at ways of strengthening their cashflow going forward."
Earlier this year, Bibby Financial Services advised that businesses should look to alternative sources of funding after it found that four-fifths of all company failures were down to cashflow problems.
