Increase profitability – through allowing company to hold onto internal dollars for a longer period of time.  Example:  a company who was paying their vendors in 30 days utilized the program to pay their vendors in one day they then reimbursed the funding company in 60 days.

Profit Center – program can oftentimes be implemented in a way which allows funding co. to share the discount with company utilizing program.

Diversity – one client wanted to increase their spending with diversity vendors but not change cash flow management formulas to do so.  They were able to do so using this program.

Cost/Availability – Clients have gone to banks with program but banks want to charge a substantial fee.  

Care – Helps a company’s vendors be more profitable and shows care and concern by the company.

Other information on program:

• Is not factoring which involves a company’s receivables; this program involves that company’s “payables”.

• Can be implemented at no cost to company utilizing.

• Does not take over payables department!

• Vendors opt-in to program at their discretion

• No-cost credit facility to promptly pay vendors in 1 day and hold onto internal funds longer

• Addresses the fundamental disconnect between most companies and their vendors, i.e. once a vendor delivers their goods and/or services, they would like to be paid as quickly as possible.  On the other hand, their client company would like to delay payment as long as possible.

 Please contact me for more information!  dmaples@yourcashflowconnection.com

or call 225-247-4370.