A business ownership change leaves payroll, suppliers and customer collections on their existing calendars. Fasty Funding’s companion perspective focuses on operating cash through that transition.
Prepare a near-term forecast showing the assets and obligations included in the transaction, expected receipts, recurring payments and handover costs. Test slower collections and a longer transition, then identify resources to cover the gap. Keep proposed funding separate from funds actually available.
General educational commentary. Funding availability, terms and timing depend on provider review and underwriting. Don McClain, Founder & Principal of Medro Advisors, is the author of the forthcoming FUNDED.
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