In a rising interest rate environment, a strong cash position can cut interest costs, add liquidity and put you in a better place to secure financing. Work with your banker to evaluate your cash flow for opportunities to increase efficiency and free up funds that could be put to work for your business. A company with $50 million in sales borrowing at a 5 percent rate could save approximately $20,000 per year in interest expenses if they speed up their incoming receipts by just two days. Cash coming…
from http://www.bizjournals.com/baltimore/news/2017/07/10/cash-is-still-king-the-strategies-you-need-t.html?ana=RSS%26s=article_search
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