Patrick Hoiby, Equify Financial President
It’s Friday, and you know what that means - payday. You are everyone’s best friend today. Most people look forward to Fridays, but, when money is tight, it makes for a rough start to the weekend for the guy holding the checkbook.
Cash flow issues are common in every business. You are not alone. The issues that we face when ends don’t meet, can sabotage the passion that got you into this business in the first place. Cash flow issues can result from a number of problems, and some of them aren’t all bad.
Lack of revenue is one thing, but too much work can be another. There is a gap that needs to be crossed, regardless, and we are here to help you cross it.
So, how do you bridge the gap when the cash runs out? Let’s take a look at a few common solutions.
So what other options are there?
Of course, we like to think we have the best solution. You tell us if this makes sense.
Most companies having the same issues that you are having have accumulated some equity in the equipment or property that they own. What if someone offered to use that equity in order to provide a cash injection to your business, or to establish a working line of credit? Sounds reasonable, right? No slow-paying your suppliers. No borrowing from receivables that you may never receive. And no bank red tape.
Cash is king, and it never rings louder than when you don’t have it. Or, at least until you realized you had it all along.
We do this all day, every day. Let us work with you to find money in the assets that surround you. We’ll loan you money using the equity in your equipment, as well as restructure your debt to free up the cash that you need in order to make Friday AND Monday the best days of the week.
After all, why should you worry about money when you have plenty – you just weren’t looking in the right place. Let Equify help you get from here to there.
Set up your appointment today to meet with a local representative in your area:
Call (817) 490-6800 or email Alec Ferrel directly at firstname.lastname@example.org and he will help schedule your appointment.