Manage your cash flow

Best practices to increase your cash flow

  • Invoice immediately after you deliver goods or services
  • Offer a small discount to customers who pay their bills early; charge a penalty to late-payers
  • Monitor your receivables on a regular basis. Establish a credit policy for your customers and be sure to follow-up with late-payers
  • Use your business credit card to pay suppliers and earn rewards while taking advantage of the payment grace period
  • Ask suppliers for credit terms - this can help reduce outflows until you collect payments from your customers
  • Finance (equipment, vehicles) instead of buying to free up cash

Products for your business

Business Overdraft Protection

TD Business Overdraft Protection covers potential shortfalls in your Business Chequing Account are covered.

Interac e-Transfer®

Interac e-Transfer® is a convenient way to send, request and receive money, and you can be an alternative to cash and cheques.

TD Merchant Solutions

Use TD Merchant Solutions for straightforward advice and payment solutions you can count on to keep pace with your growing business.

Business Line of Credit

With a Business Line of Credit, get access to funds to assist with the short-term operating needs of your business.

Business Credit Cards

Choose a TD Business Credit Card with benefits and features that can help you grow and manage your business.

When to outsource payroll

TD can connect you with Ceridian Canada Ltd1. for a variety of professional payroll products. Call a Ceridian Representative to get started.

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