How to Conserve Cash Flow
Vinicio Sanchez
Entrepreneur | Owner of Three Successful Businesses | Driving Innovation and Growth
By building a creditworthy company, suppliers, business, and vendors will extend credit to your business with net 30 to 60 day terms. This allows you to conserve cash while obtaining the products and services your business needs and defer payment.
However, in today’s market business owners find it difficult to build credit for their business. Many business owners would like to build credit, but big banks decline 80% of the businesses that apply for a business loan. Some of the challenges businesses face in getting approved for working capital financing include stringent requirements regarding time in business, collateral, personal credit, documentation, profit and others.
So, how can a small or start-up business build any credit when banks do not want to lend? Fortunately, there are other alternatives for business owners that they can use and take advantage of.
We have helped numerous companies to build credit for their business by getting a business loan with our lenders, resulting in added revenue and less cash flow issues.
We only require a short application, and four months of your business bank statements to start the application process.
If this is something you're challenge with too, contact me for a free consultation here or at [email protected]
Partner
3 天前Vinicio, I really appreciate what you've shared!