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Archive for June 2010

Access your cash when you want to!

Jun 2nd, 2010 | By Ernie Brown | Category: Alternative Financing, Factoring, Loans, Receivables Financing

People who are owed money or are receiving payments from clients can often access large payouts immediately instead of waiting to get paid. And why not? After all, it’s their money! The most basic ways to bill for services is either through an invoice or accounts receivable. Did you know that you can get paid [...]



Avoid “non-performing asset-itis”

Jun 2nd, 2010 | By Ernie Brown | Category: Asset Based Lending

Invoice Factoring and sale lease backs are two processes that release the equity your business owns in it’s assets. When working capital is buried in an asset we refer to this as a “non performing asset” because it’s not doing your business any good. When you need cash and your money is tied up in assets [...]



Know the power of hard money

Jun 2nd, 2010 | By Ernie Brown | Category: Loans

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 advances typically up to 70% of the property value to be made available to the borrower. [...]



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

Jun 2nd, 2010 | By Ernie Brown | Category: Alternative Financing

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 invoices to cash as they need to or want to by running their businesses almost in [...]



True or False: To sell a payment stream, good documentation is always required.

Jun 2nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought


True or False: Lease back payments offer the advantage of a direct tax write-off.

Jun 2nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought


True or False: A hard money loan doesn’t require a personal guarantee.

Jun 2nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought


True or False: With an IRS lien, your company is dead in the water if you need to access working capital.

Jun 2nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought