Friday, March 11, 2005

Free and Clear?

Free and Clear? is a question that you will often hear me ask of anyone looking to discount their invoices. Basically what I want to know is has a company owner posted his A/R for any form of credit facility.

You would be surprised how many people don't know.

The other thing that many people often ignore when sitting down to fill out our application is...........................LEGAL ACTION AGAINST THEIR COMPANY. Legal action against a client applying to our company for financing doesn't not always kill the deal; Not telling us about it until after we find out about it through another source does!

Remember, when applying for financing...........FULL DISCLOSURE


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