Healthy cash flow is the foundation of a stable business. It’s also what business lenders look at when determining how much credit to extend. But how do you protect the health of your business’s most important asset? Insure it. Most business owners I talk to don’t know this is an option, but insuring your receivables can both protect your cash flow, and set you up for expanded business credit.
Here’s a quick story about a client whose business grew 500% and how he saved $1.2 million in financing costs this past year.
If you’d like to have more favorable financing terms with your bank or to learn more, visit https://www.tateparker.com/
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