Cash flow is heating up this summer!!

August 14, 2012 at 12:04 pm | Posted in Uncategorized | Leave a comment

This has been a summer of unpredictable activity.  Industries who would normally not be impacted by cash flow crunches are being hit fast and hard.  As suppliers try to keep their customers payments in line, the customer at the end of the sales process is extending the payment times outside of usual boundaries.causing a double whammy in the cash flow crunch!

Factoring your receivables isnt the only answer.  It is one of the answers you should be exploring if you find yourself wondering how to manage both the time and the cost of the credit you have extended to your customers.

Remember, sometimes YOU are the supplier! Other times, YOU are the customer!!!

In many cases, you are carrying the costs of the credit both times!    Let’s talk sometime about your situation and see if we can help.  Our website at www.fvf.ca will give you valuable information which can assist you in planning ahead.

Go into the 3rd quarter of 2012 with your money when you want it, not when your customer decides you can have it.