Is a 2% – 10 net 30 discount more expensive then factoring?

Have you ever heard of a company offering a 2% – 10 net 30 discount? Of course! It’s a common practice to reward rapid paying customers … but what does this really cost? A 2%-10 net 30 discount, if you convert it into conventional terms comes out to...

Do you really understand the Time Value of Money?

Which costs you more as a business owner?  Discounting invoices to your customer or putting your invoices up for sale via invoice factoring? Worse yet: What are the hazards of a bridge-loan? What costs more? Offering a 1%-10 discount or giving up 3% to a factor for an...

Want to run your business COD? It’s easy …

Most every business owner that calls me says the same thing, “I can’t get my customer to pay. If they did I could grow and I wouldn’t have to borrow.” WOW! HOW TRUE!!!!! We’ve said it before: “A sale of goods or services is a gift...

Know the power of hard money

Hard money loans are property loans designed for rapid availability, which allows borrowers to either take advantage of an emerging opportunity or protect themselves from a pending problem. Hard money loans almost always apply to commercial property, and allow...

A lender turned me down: So now what?

We live in this world. Business owners and people in difficult situations come to us and their question is the same: “So now what?” First? Figure out why – because it may be simpler than you think! Did you apply to the wrong lender? Were you...