Advice 2009 - Right Time to Finance Business Equipment, Wrong Time to Pay Cash
Saturday, January 3rd, 2009Cash is king and businesses need as much as they can muster in 2009. Sales are down, profit margins are squeezed, so watch your bank balances ever so carefully. If you sell physical products, you MUST offer financing, leasing, and lines of credit to good credit and poor credit customers alike. Get pushy and make sure you have a solid financial partner sharing the risk with you.