Small business owners would like to think that their customers are never going to leave them high and dry because of the relationships they develop and the comfort level they have with their customers. They believe they will always get paid and be able to deposit their hard earned cash without issue or delay because the customer would never "not pay them".
However a lot of business owners ignore the warning signs of trouble from their customers such as slowed payments, ignoring and or not returning collection calls. These warning signs are sometimes ignored because they are friends, some because of a long standing relationship. While other business owners simply can't afford to put collection pressure and risk loosing a key account while holding on to the hope and belief that they will not be taken advantage of.
No business owner ever enters a business relationship thinking that they will not be paid. This however is happening more often then not in this current economic environment. Even if you take the steps to check credit references or take a down payment you are still not guaranteed to be paid. It only takes one bad credit decision or one bad debt to sink the ship and put your small business in jeopardy.
If only there was a way someone could guarantee that you will be paid for your goods and/or services eliminating all future bad debts forever. Luckily for small business owners there is.
Using JD Factors non recourse factoring programs allows you the peace of mind that you will never have a bad debt again. JD Factors will not only provide you with working capital, it will provide you with the security and the peace of mind required to fully concentrate on growing your small business.
I welcome all questions and comments. If you would like to protect your businesses from future bad debts, please contact me to learn more.
Christian Hernandez
289-242-3178
chernandez@jdfactors.com
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