Jun 28, 2016
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...
Jun 28, 2016
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...
Jun 28, 2016
Shopping for Working Capital should be done with knowledge and confidence but how can one do that when it seems that everyone in the world is trying to sell you money? Worse yet: You may not know that you have many alternatives to Working Capital that don’t...
Jun 28, 2016
Service businesses, such as staffing, consulting, repair, installation, and many others, don’t have hard collateral; instead, their most valuable asset is a great product or service. As smart businesses provide their services and bill their clients, they convert their...
Jun 28, 2016
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...
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