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...

How do service companies grow without borrowing? Simple: They go COD!

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...