13th October 2008
In today’s unstable economy, it has become the norm for business owners to find doors of traditional lenders slammed shut in their face. One form of borrowing, however, that has been on the rise, is asset-based lending. More and more businesses are borr...
12th March 2008
“What financial tools are available to protect my business from fluctuations in my revenue cycle since my overhead stays constant week to week?”
This question often arises as DME/HME providers strive to maintain inventory, pay overhead, expand, an...
12th March 2008
Question: Due to cash flow problems, I am not always able to have my inventory fully stocked. As a result, I recently lost a big order with a hospital. How can I prevent this from happening again?
Answer: To a DME/HME provider, inventory is a matter of...
12th March 2008
I’m trying to expand my business; I need to find a way to fund and grow my business without incurring debt. Am I stuck?
Expanding a business invariably requires cash infusion. Traditionally, we think of two ways to do s borrowing money (debt) and sel...
12th March 2008
At times, my company struggles from lack of cash flow. How significantly is our lack of working capital going to affect my business in the long-term?
Very significantly. Working capital is the readily available funds needed to run your business. It’s...
14th January 2008
From Independent Rural Hospitals to Sprawling Urban Healthcare Networks
During unforeseen financial downturns, or when unanticipated revenue-generating opportunities present themselves, speed and a strong financial relationship is the difference betwee...
14th January 2008
Most turnaround management consultants will tell you that lack of working capital is a key factor in a company's fiscal downfall, or lack of growth, and what can save a company from spiraling downward is often sitting underused, undervalued, and ignored o...
14th January 2008
If your business revenue has leveled out based on current constraints (i.e. same number of hospital beds, same amount of square footage, payroll staffing limits, lack of marketing dollars, etc.), turnaround management experts recommend you consider expand...
14th January 2008
"While I was savvy in my area of expertise...I was not well-versed in the business of running a business. I was self-funded, had a business plan...but did not have a credit history. Fortunately, I met Sun Capital." - Greg Bihn, President, TechnoMedia I...
14th January 2008
Question: When is a business loan not a sufficient strategy to meet the working capital needs of a hospital or other healthcare provider? Answer: When the provider needs to improve its cash flow, but cannot afford or chooses not to increase its debt capac...
