Cash Flow Management
Net 30 Payment Terms and What They Do to Your Cash Flow
A bigger client says yes to your quote, then asks for net 30 payment terms, and suddenly you are funding their business with...
A lender asks for your business debt schedule, and you realize you have never put every loan, card and lease on one page.
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Cash Flow Management
A bigger client says yes to your quote, then asks for net 30 payment terms, and suddenly you are funding their business with...
Business Loans
You signed a five-year term loan, business picked up faster than planned, and now you want to pay the balance off early.
Business Credit Cards
One late payment on a business credit card can push your interest rate from 21 percent to nearly 30 percent, and it may stay...
Cash Flow Management
You had a profitable quarter on paper, yet the bank balance kept dipping below payroll.
Business Credit Cards
You paid your business credit card in full last month, yet your personal score dropped 30 points and a lender asked why your...
Lines of Credit
Your bank renewal letter mentions a 30-day clean-up and you have carried a balance on the line for fourteen straight months.
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Archive
Three people who have sat on different sides of a funding decision: a former underwriter who spent a decade deciding which loan applications got approved, a small business owner who has borrowed through a term loan, two lines of credit, and one merchant cash advance she still warns people about, and a bookkeeper who sees a client's cash flow problems months before the owner does. Every article carries a byline, and nothing runs that the writer has not actually dealt with.