Product Distribution Centers Improving Cash Flow Without Using Bank Loans
Until recently, product distribution centers could easily handle their cash flow management needs by getting a local bank loan for the working capital the distribution centers needed. But getting a new loan or larger line of credit in today’s tight credit market can be an uphill battle. Fortunately, invoice factoring can be used as a short-term solution. Money Management Solutions, Inc. will host a free on-line webinar for product distribution centers on Tuesday, August 24, 2010 titled “Accelerate Your Company’s Cash Flow With Invoice Factoring,” to help distribution centers across the United States learn more about this cash flow management alternative. Owners and CFOs of product distribution centers can register to attend at https://www1.gotomeeting.com/register/960056120
Sandra Simmons, President of Money Management Solutions (www.moneymgmtsolutions.com) said, “Many product distribution centers can speed up getting in the money owed to them for shipped orders to use as working capital to fulfill new orders coming in. Having to turn down new orders for lack of available capital can really hurt. We are doing our part to help by offering this free webinar on invoice factoring with very ethical resources. Factoring is a service that will advance cash against invoices to qualifying distribution centers for a fee. But not all factors are created equal.”
Money Management Solutions, Inc. has been helping business owners in many industries to manage their cash flow for almost 20 years. They recently began hosting a series of free on-line webinars for business owners to get out helpful information and introduce resources as solutions to common business cash flow management problems, including increasing sales and income, increasing their advertising return on investment, internet video advertising, managing collections, reducing debt and accelerating cash flow. Business owners can sign up to get on the advance notice e-mail list for upcoming webinars at www.mmsfaststart.com/webinarnotice. They can register for, and attend the webinars on-line right from their office or home computer without having to pay for travel or seminar fees. Most of the webinars are held in the evening after business hours and are not an interruption to the work day.
- Contact Information
- Sandra Simmons
- Money Management Solutions, Inc.
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