Are you an entrepreneur? If so, newsflash: you think a lot about cash-flow. You’ve likely already played a serious game of “find-some-cash”. You know the one – maxing out credit cards, visiting the VC circus, talking to term-hungry venture banks – even making that desperate visit home to mom for just “one more small advance”.
No need to recount your adventures “negotiating” with banks… how you spent most of your time explaining your technology company – only to be hit with an offer full of personal guarantees! Who wants to sign away their life savings? You’re already all-in, working on an entrepreneurs’ salary, income 100% tied up in the business – and now your lending options want a personal guarantee? But don’t worry, only 43% of businesses are even approved for a loan.
But, you still need cash. Cash for payroll – Cash for that new desk – Cash for that rock star salesperson – Cash for attending TechCrunch Disrupt to close that next big deal. You know, the usual costs of doing business. You have money coming in, it’s just not fast enough. With the help of FastPay’s newest infographic, you can push your worries aside and put your company’s cashflow on cruise control!
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David Wallace is a search & social media marketer who lives in Ahwatukee Arizona with his lovely wife. Interests & hobbies include all things Disney, roller coasters, musicianship and Christianity.
