Improve Your Cash Flow with the Right Line of Credit
One of the most common reasons a business fails is that it is simply growing so fast it cannot maintain an adequate cash flow. And that’s bad news, since cash flow is the lifeblood of a business.
When cash flow is too tight, business owners are forced to “borrow” money from the wrong places. If you are experiencing any of the following, you probably have negative cash-flow issues:
- An increase in vendor debt
- Delinquency in paying payroll, federal, state, or Social Security taxes
- Frequent bank overdrafts
When the IRS finally catches up to you, the penalties for non-payment will far outweigh the benefits of borrowing against your tax liability. More importantly, if you continue with poor cash-management techniques you will find the bank either asking you to pay off your line of credit or refusing to renew your existing credit line.
Call 1-877-594-9423 today and find out the right way to manage your cash flow. We have non-traditional lines of credit, such as factoring and asset-based financing programs, that are intended to help customers who don’t fit the standard banker’s box.