A brief story about how I started my commercial financing business and how I found clients. I share how I learned to do my first local investing deals.
The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback. Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.
Showing posts with label factoring. Show all posts
Showing posts with label factoring. Show all posts
Thursday, May 28, 2015
Monday, November 24, 2014
[VIDEO] Receivables Factoring, why would you do it and how does it work?
I teach you how receivables financing works and how it can be an option to finance a company with rapid sales growth that needs to give trade credit to customers.
The Invest Local Book blog is all about small business, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
The Invest Local Book blog is all about small business, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Labels:
factoring,
financing,
how to,
receivables
Friday, October 24, 2014
[AUDIO] Loan updates and financing the painter's receivable
I give an update on the loans I did over the last few months as well as discuss financing the receivable of a painting contractor.
InvestLocalBook.com is the blogsite for Invest Local, a book about local investing deals such as loans, leases, inventory financing, receivables financing and more to small businesses and people.
InvestLocalBook.com is the blogsite for Invest Local, a book about local investing deals such as loans, leases, inventory financing, receivables financing and more to small businesses and people.
Labels:
factoring,
financing,
invest local,
loan,
painting,
receivables,
update
Saturday, June 7, 2014
SPENT-- Fantastic Documentary about the 'unbanked'
I just finished watching Spent: and looking for change (documentary)
It is a powerful film about the millions of people in the US who don't have access to the traditional banking system and how the reliance on payday loans, title loans, and cheque cashing stores keeps them from getting ahead.
The film is filled with examples of the exact opportunities for local investing that I discuss in my book.
One entrepreneur, who makes handbags, is not able to get any financing to buy materials. Her purses are starting to sell very well but it takes too long to get paid. At minute 19, the narrator says, "it can take her up to 3 months before she gets paid." This is an excellent example of how small business receivables factoring could be employed to help her fund her growth. (read my book to learn about how to do this with an entrepreneur near you)
I also want to suggest kudos to American Express who funded the production of the film without turning it into a commercial for BlueBird, Amex's product specifically designed to help people in this struggle.
Definitely worth your time to watch...
It is a powerful film about the millions of people in the US who don't have access to the traditional banking system and how the reliance on payday loans, title loans, and cheque cashing stores keeps them from getting ahead.
The film is filled with examples of the exact opportunities for local investing that I discuss in my book.
One entrepreneur, who makes handbags, is not able to get any financing to buy materials. Her purses are starting to sell very well but it takes too long to get paid. At minute 19, the narrator says, "it can take her up to 3 months before she gets paid." This is an excellent example of how small business receivables factoring could be employed to help her fund her growth. (read my book to learn about how to do this with an entrepreneur near you)
I also want to suggest kudos to American Express who funded the production of the film without turning it into a commercial for BlueBird, Amex's product specifically designed to help people in this struggle.
Definitely worth your time to watch...
Labels:
debt,
debt problems,
entrepreneur,
factoring,
family budget,
finance,
payday loans,
Spent Movie,
title loans,
unbanked
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