Even Billionaires Have Cash Flow Issues

I am a big fan of Planet Money - the NPR show and podcast about the economy. They did a recent post about a cash poor billionaire. In it, Elon Musk, the billionaire in question, declares that he is asset rich but cash flow poor.

This can be true for so many companies as well. In our case, they are purchase order rich, but cash flow poor and unable to deliver. I decided to post this link because sometimes our clients are embarrassed about needed our services (purchase order financing) - embarrassed about what their customers will think.

There is nothing to be ashamed of about asking for business financing, especially if you will use it to grow your business and help clients.