Prairie Business Credit, Inc.

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Prairie Business Credit May Newsletter

5/31/2018

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Who are Good Candidates for Factoring?

  • Very rapidly growing companies who need cash quickly to meet increasing customer demand.
  • Start up companies who need cash but have not developed a proven track record to qualify for traditional bank loans.
  • Recovering companies who have orders and need cash for a 'second chance'.
  • Companies who prefer not to relinquish equity or control to venture capital investors.
  • Companies in fields including manufacturing, high tech services and equipment, temporary staffing, IT, apparel, communication distribution, fiber solutions, jewelry, medical equipment sales, consulting, importing, metal fabrication service companies, food distributor, and specialty foods.

May's Feature
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My Love Affair With Comfort and Why I Had to End It

What Others Are Saying About Us
"We have never seen such growth in all the past 35 years we've been in business. On our way to a banner year! We appreciate all of Prairie Business Credit's support in the past years to help us get here!"

- President of Welding Company


25 Years Has Taught Us...
After being in business for 25 years, financing over 500 companies, graduating 70% of them to be bankable clients, we have learned a few things along the way.

When you as a business owner enter into a contract with a customer, make sure you understand everything it entails. Before you agree to bind yourself into any agreement, you must know what you are agreeing to do. Can you live up to your potential customer's expectations? Do you understand what your customer expects of you?

Too many times we have been the ones explaining some potentially devastating provisions in vendor agreements that our clients have agreed to. Provisions they never would have agreed to if they had read the entire agreement.  The time to negotiate those things is before you sign.




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