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...

Working Capital for Small Business: The foundation …

With 80% +/- of small businesses failures happening because they lack working capital or because their business capitalization plan didn’t work once they started up and started selling they also fail due to a lack of planning originating from their owner making...

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...