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April 6, 2021

A conversation with Fred G. Parrish

This month, I had the pleasure of speaking directly with Fred G. Parrish, founder of The Profit Experts and co-author of The E-Myth Chief Financial Officer: Why Small Businesses Run Out of Money and What to Do About It with Michael E. Gerber. There are those of us who still hold tight to our copy of The E-Myth.  For me, it […]

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February 25, 2021

CASE STUDY: Department of Defense contractor needed liquid capital

Background General description:Midsized ammunition manufacturer State of formation: Florida Customer type: Government entities including the United States Department of Defense Companies that benefit from factoring of government receivables may be contractors for federal, state or county contracts. In many cases, minority and women-owned businesses and SBA 8(a) organizations are eligible to factor government receivables. When […]

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February 25, 2021

CASE STUDY: Restrictive bank financing held back this IT staffing company

Background General description:Information technology (IT) temporary staffing company Customer type:Government entities including the United States Department of Housing and Urban Development, United States Postal Service, and General Services Administration Companies that benefit from factoring of government receivables may be contractors for federal, state or county contracts. In many cases, minority and women-owned businesses and SBA […]

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February 25, 2021

CASE STUDY: Marketing and public relations firm needed liquid capital for advertising

Background General description:Marketing & public relations firm Customer type:Government entities including the Centers for Disease Control and Prevention and Centers for Medicare & Medicaid Services Companies that benefit from factoring of government receivables may be contractors for federal, state or county contracts. In many cases, minority and women-owned businesses and SBA 8(a) organizations are eligible […]

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February 25, 2021

CASE STUDY: Pandemic-driven car sales cause growth issues for this company

“Our account executive is just the bomb and has been absolutely wonderful with everything. She has completely made a very scary process so comfortable and easy to work with every week. We have a system going, and it works great.” Real feedback from contact of case study subject Background General description:Automotive reconditioning Company structure:Partnership State […]

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February 25, 2021

CASE STUDY: Fortune 100 company’s certified vendor needed capital to meet growing demand

Background General description:Manufacturing and selling machine parts Company structure:Corporation State of formation:California Year of formation:2016 Customer type:Power companies Issue The company was very profitable but experienced hyper growth, leading them to need working capital. Its unique ownership structure made it difficult to find an ideal financial solution and traditional bank financing was unresponsive. Other circumstances […]

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January 1, 2021

10 Tips When Seeking Financing & 3 Steps To Take Right Now

Don’t wait: There are a lot of options available, so take the time to consider the various options, consider future implications, build relationships, and tighten up the numbers.  Have (and utilize) a business plan:  Whether you’re considering the SBA or private investors, if you want others to share your vision, make sure to demonstrate the […]

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