- Allowing clients to pay their bills over time, providing free, no interest loans with no incentive for customers to pay very quickly.
- Offering customers discounts for paying early, giving away hard earned money with no return.
- Using a factoring company and, using their receivables as collateral, borrow a portion of their own money at 15%-20% interest per year
Stop losing 15%-20% of your collectible revenue, risking damage to your customer relationships and losing business. Improve your cash flow, increase your earnings, and generate more business... |