News and observations from the BNET staff
September 24th, 2007 @ 10:53 am
Is your company too big to be small, but too small to be big? In this show, we talk to businessman Doug Tatum about what to do if your organization is stuck in this so-called “no man’s land” and how to survive this crucial stage in the life cycle of a business.
Length: 00:08:01
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What about Factoring? Factoring is a great way to mitigate "No Man's Land." Selling receivables (factoring) is a fantastic way to finance rapid growth in any size company. The principal?s ability to repay, as mentioned by Tatum, is not taken into account with factoring. The credit decisions are generally based on who the customers are and how they pay. Clients of factoring increase their cash flow exponentially and can grow from $100,000.00 a month to $10,000,000 a month as quickly as they can ship product. Cash flow is the key to growth. With out cash flow you are stuck in "No Man's Land." If you'd like more information on how factoring your receivables can help you grow contact Julian Balboa of Prestige Capital Corporation at 847-741-1848.
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