If you provide terms for your products or services to your customers, it can be a challenge to predict how your cash flow will be from day to day. You are actually providing financing for your customers. I hope you understand that is what takes place, you are being the bank.
Terms are a necessity in today's business environment and to land some accounts, it is an absolute. Even though the agreed upon terms are 30 to 60 days or more it does not always come in on time, however an inconsistent and unstable cash flow does not have to exist.
If you are struggling with inconsistent cash flow, you need to look into factoring. It is a very powerful form of finance that will allow you to predict your cash flow, and grow your company at a rapid pace. You do this by selling your credit worthy accounts receivable to a factoring company. This allows you to get an immediate injection of cash. The factoring company will wait for your customers to pay the invoices while you use your money to meet your cash flow demands.
Want a free factoring quote, get yours today. Click here for a free quote
Have questions? Call me personally 888-603-0055!
Thanks for reading.
Bookmark this site and return often!
1 comment:
Very Good!
Post a Comment