Simplifying Cash Flow
The dictionary definition of cash flow is fairly simple: "the movement of money in and out of a business."
What often complicates cash flow is your ability to collect money that is owed to you in a timely manner. Not having ready access to that cash can restrict your ability to make critical purchases to help your business grow. Money is moving out, but not back in--at least, not as quickly as you need it to be.
Interstate Billing Service's programs can make cash flow simple again.
- Your customer wants to make a purchase from you on credit
- IBS reviews your customer's credit app and works with you to set credit limits
- IBS sends you the amount of the customer's purchase within 24 hours (less a small fee)
- IBS manages billing, customer service and collection of all invoices
With IBS, you have immediate access to your funds, as if your customer had paid with a credit card or cash. And since IBS assumes the risk of bad debt, you no longer have to worry about losses due to delayed or non-payment.
Offering IBS billing as a free service also helps you pass along the benefit of cash flow simplification to your customers:
"[It's] easier for customers to pay monthly, instead of out-of-pocket right away, so they can keep their truck up and running to continue to make money." (Comment from anonymous 2016 IBS Client Survey).