Cashflow challenge biggest for small companies
August 2008

Cashflow and debtor management are the two most important issues facing business.

It’s a challenge that affects companies of all sizes, but it is the smaller to medium companies that feel the impact most.

Having too many debtors is one of the largest influences on poor cash flow.

“Not everyone is comfortable with chasing debtors, yet that reticence can put your business in jeopardy,” said Peter Saunders, director of Secrow.

“Some business owners are constantly juggling with issues of cashflow and good relationship with customers.

“That’s why we developed Secrow – to reduce the cashflow and debtor management issues for business, while building better relationships with clients.

“It’s cheaper than factoring and it’s certainly much more affordable than an overdraft.”

When launched in the near future, Secrow’s secure online system will mean there is no delay on payment once the terms of contract are completed – the money is already held in trust.

For busy contractors or for companies with a number of sales personnel, Secrow’s contract system will make it easier to schedule work based on actual deposits paid.

“Believe it or not, some businesses get too busy to invoice clients, but by subscribing to Secrow, business owners can be confident that all jobs started have the fund to ensure completion,” said Mr Saunders.

New SECROW website goes live
August 2008

SECROW is proud to announce the launch of its new website ahead of the SECROW service becoming available in the near future.

The website contains information for both customers and service providers about the SECROW service and other issues.

Capital Raising Underway
August 2008

SECROW is currently undertaking a 4 stage capital raising program subject to the Corporations Act 2001 and the ASIC Class Order CO-02/273.

As the parent and ultimate holding company for the group, SECROW LIMITED has been structured for capital raising and possible public listing.