“The line of credit really gave me the flexibility to be able to manage the cashflow a lot better”

Heather Eason · Simply Business Podcast · Don't Climb the Corporate Ladder. Build Your Own.

Play from 9:26
9:26

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

took a line of credit loan to cover cash-flow gaps between invoicing and payroll

Said nearby on the same subject

“Credit cards, mortgage, second mortgage, third mortgage. Like, my company got to $200 million before I took a loan from the bank.”
♫
Said on Founder's Story
How they work $200 million revenue; multiple mortgages Share this moment
“HomePay is a construction loan with a capitalized interest component. We will go to 95% LVR on this product to help with that affordability piece, cash flow piece”
GL
Granite Home Loans
The Adviser Podcast Network ·
Why it worked 12 months capitalized interest, 95% LVR Share this moment
“Credit union loans for vehicles are much cheaper, much cheaper than you get from the dealer normally unless there's a factory subsidized deal. And significantly lower than you're going to get from a bank on a vehicle loan.”
CH
Clark Howard
The Clark Howard Podcast ·
“We build our channel campaign strategy... this is your gap and this is how our channels are going to cover it... here’s the playbook for the next 30, 60, 90 days”
EC
Edwin Choi
Selling on Giants: The eCommerce Marketplace Podcast ·
How they work Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.