>
Alternative Financing: Using Corporate Payment Solutions to Improve Cash Flow
Alternative Financing: Using Corporate Payment Solutions to Improve Cash Flow
By Federated Media (Inside Edge contributors), January 10, 2012
Senior finance executives rely on working capital to pursue new customers and grow their business. When commercial bank loans dried up during the recent credit crisis, many companies looked to untraditional forms of lending as an alternative. Some common types of alternative financing solutions explored by mid-sized businesses include factoring, lease-back programs, microloans and royalty financing (to name a few). Corporate cards are another affordable solution to the liquidity issue that allows companies to extend their cash flow without incurring interest, and offers rewards and cash incentives.
This report looks at:
Cash flow challenges at mid-sized companies
Alternatives to traditional bank financing
Benefits of using corporate cards to manage cash flow
How American Express Corporate Cards improve cash flow management
How two companies benefit from corporate cards
In an environment where working capital is integral to your organizations financial health, corporate cards are an accessible, affordable short-term financing option you cannot afford to overlook. Learn more about alternative financing solutions. Download the full report.