Commercial Real Estate Financing
While most consumers promptly fulfill their bill payments, some overlook their placed orders, potentially impacting the crucial task of building cash flow. Consumers must provide an initial down payment, comprising just fifty percent of the total price, and the remaining balance falls due upon the delivery of the finished product. This challenge further contributes to maintaining and building cash flow. The payroll department struggles with weekly employee payouts as certain invoices surpass the 30-day deadline. This underscores the urgency of promptly addressing these issues to ensure uninterrupted cash flow building and to avert potential sales decline.
The owner aspired to gain a deeper understanding of available loan options. They recognized incoming revenue and their ability to repay once settling the invoice. However, they faced a challenge due to lacking necessary equipment and assets for use as collateral—typically required for most loans. Additionally, they aimed to steer clear of an extended repayment period spanning several years.