Contract Fulfillment and Purchase Order Fulfillment are both a race against time. Your reputation and your profits are on the line here so be prepared. Ideal Circumstance: You have open terms with your supplier and possibly a bank line to support covering labor, etc. Hopefully the customer pays before the bank line is drained and/or [...]

Understanding banks is simple yet people continuously fight with some basic concepts. I have never, and I mean never, not known a bank to do everything within their power to help someone. Here are the two “F Words” of banking: FDIC and the “Five C’s” What is FDIC? Federal Depositors Insurance Corporation (www.fdic.gov). Simply put, [...]

Calling us first we suggested that he speak with the bank but his first attempt with the bank was the answer we predicted: They had done as much as they could and his loan was new … so he would have to wait. His return call prompted us to meet with his bank and showing [...]