August 26, 2015
I didn’t get into business to chase money, but for awhile it seemed as if that was all I was doing – calling and emailing customers to check on the status of payments. I stalked the mail carrier every day, watching for the truck and racing to the mailbox only to find a whole lot of empty.    Don’t get me wrong. Business was good – I was making more than I ever had working for somebody else. And my customers always paid – eventually. But I had one customer stretch me out over three months to the tune of $21,

I didn’t get into business to chase money, but for awhile it seemed as if that was all I was doing – calling and emailing customers to check on the status of payments. I stalked the mail carrier every day, watching for the truck and racing to the mailbox only to find a whole lot of empty.

Don’t get me wrong. Business was good – I was making more than I ever had working for somebody else. And my customers always paid – eventually. But I had one customer stretch me out over three months to the tune of $21,000 - and my landlord, and more importantly my employees, didn’t want to hear about my money troubles. I can’t tell you the sleep I lost worrying about how I was going to make payroll.

That was before a trucker friend of mine told me a business secret that changed my life: invoice factoring.

It sounded too good to be true – instead of me sending new invoices to my customers, I could send them to TBS Capital Funding instead. In turn, TBS gives me cash immediately, for less than what my merchant card services provider was charging me for credit card processing. TBS waits to be paid so I don’t have to.

I tried it and it worked like a charm. The money was deposited directly into my bank account, and I no longer had to worry about how I was going to pay my bills. In essence, my customers were now paying my payroll.

Although I’d never heard of factoring, large manufacturers have been doing it for years. Truckers have also found it to be a great way to gain fast access to the cash they need to keep their rigs on the road.

These days I sleep easier, knowing I’ve got my payroll covered. I’m grateful to my friend for cluing me in to TBS Captial Funding.

Sound familar? Learn more about your options today.

-Brad Kuhn Small Business Owner

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