“They can’t do that!” you say? Working capital provider or not: Be careful when money changes hands!

A lender/funder should be happy, if not proud, to go over the terms of their agreements … and if they aren’t then our advice is to watch out!

Receivables? Many of us generate receivables … but did you ever try to buy something with them? You can if you’ve been in business quite a while and have a credit line … but that’s not for everyone now is it? I compare receivables often times to the life of a butterfly: The egg to caterpillar stage is the work [...]

How can we make sure that an account receivable is an asset and not a liability so we don’t end up pennilless??? It’s all in your selling practices …

Business owners say: “I can’t afford to do this” but once we talk and they think about it they’ll almost always agree “I can’t afford NOT to do this”. Here are 5 tips to help qualify for working capital and grow your business!

Think your bsuiness capitalization out carefully or you will “finance’ your way into a corner!

What happens when your sales grow past the capacity of your bank line? Most likely the sales stop and now you are losing profits as in “leaving them in the street” … So I ask: How much does that cost?

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, [...]

The call was a tough one: Our client had a written contract with open terms stating that they would have 45 days to pay their bill – end – but on the Friday before the Monday that the product needed to ship our client received a call and the supplier demanded 50% up front or [...]