Would a Black Swan Event Cripple Your Business?
If you run a small or midsized business that serves the oil field industry near Calgary Alberta, it’s vital you learn to safeguard your business from a black swan event. These events strike without warning and are impossible to predict, and many businesses fail when they face the black swan.
Nothing you do can brace your business for such unthinkable situations, but the team at Capital Now will give you a hand and help you keep your head above water. This short guide explains black swan events and how we can have your back when you experience the worst case scenario.
Understanding the Black Swan
You watch the local market and keep track of the latest news in the oil field industry so that you can brace yourself for downturns and other issues in your market. In some cases, you can even predict and prepare for market crashes months in advance so that you can minimize the fallout.
Black swan events are different, and they will blindside you every time. Natural disasters and terrorist attacks are just two examples of extreme hazards that can trigger a black swan event. These events cause sudden changes in the market that often force small businesses to go under, but you don’t have to face the threat alone.
How We Can Help
Now that you understand the risk of a black swan event and how it can cripple almost any small business, you are probably wondering how we can help, which is a great question. Black swan events often make it hard or impossible for your clients to pay you on time.
Not getting paid for your services can throw your entire business plan off track, and you might not be able to manage your own financial obligations. Our caring team offers accounts receivable financing. In other words, you can sell us your unpaid invoices so that you don’t have to hunt down clients to collect payment. You will get money in your account much sooner, turning unpaid invoices into working capital.
Why You Should Choose Us
Some people ask why they should turn to us for accounts receivable financing when they can find tons of other lenders in Calgary Alberta. When you turn to us, you get plenty of advantages to which you would otherwise not have access. The most important part is that we care about you, your business and your bottom line, working with you to meet your needs.
Getting started is easy because you won’t even have to submit to a credit check, and we minimize the amount of paperwork you need to complete. You are family when you work with us, and we will go out of our way to ensure your business is moving in the right direction.
If you would like to learn more about Capital Now and how we can help, head to our website or call us at 403-617-2075. When you speak with us, we will learn about you so that we can offer funding solutions that match your long-term goals.
Also published on Medium.