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Condor
International Financial Services |
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Consumer Based Cash Flows Delinquent Debt is an obvious Consumer-based Income Stream. You might wonder how this might work as an Income Stream since it is Delinquent Debt. It is true that part of the expense of doing business is bad debt expense. This produces no income to you, and it hurts your bottom line. Eventually you have debt that is more than 120 days past due, you know that you will probably never collect on it, and you write it off. Before you give up on it completely, you can contact your Cash Flow Specialist and sell this Delinquent Debt to a Funding Source that specializes in Delinquent Debt. This is not like a collection agency where you don’t know if or what you will get. A Funding Source that deals with Delinquent Debt will buy your bad debt write-offs and give you cash up front for them. (It will be at a discount, obviously, but something is better than nothing.) You don’t have to worry about collecting or losing out completely. Whether you are a Bank, Credit Card Issuer, Hospital, Lumber Yard, Printing Company or whatever your business, your Cash Flow Specialist will be able to find you a Funding Source that will buy your non-collectible debt. Health Clubs live and die on Income Streams. If you own a health club you know that you are collecting payments monthly from your members. Contact a Cash Flow Specialist to turn this monthly income into lump sums of cash for equipment\ upgrades, redecorating, new marketing or whatever you need. Your long term receivables can be cash now to you. Commissions and Royalties are Income Streams that can be sold. Other consumer-based Income Streams work similarly. If you are receiving payments for something over a period of time, whatever it is, as long as it is legal, you can get a cash lump sum now by selling that Income Stream. "Other Categories" Prizes and Awards |
