CASH FLOW PLANS

A cash flow plan provides companies with an overall strategy for cash management, with the primary objective of maximizing cash inflow and minimizing cash outflow.

Sometimes the only difference between a healthy business and one that's struggling is a sound financial plan.

NEW YORK CREDIT provides your company with both long-term and short-term cash flow business plans.

When Does Your Company Need a Cash Flow Plan?

• Is your cash flow tight?
• Are you up to the limit on your line of credit?
• Are your receivables turning slower each month?
• Are you having a hard time meeting your vendor payments?

If you answered yes, you need a NEW YORK CREDIT Cash Flow Plan.

• Do you know your daily cash position on any given day?
• Do you have a plan for resolving problem loans?
• Can you make informative, sound business decisions based on the most current available information about your company?

If you answered no, you need a NEW YORK CREDIT Cash Flow Plan.

Here's What NEW YORK CREDIT Can Do

to Increase Your Company’s Cash Intake:

• Analyze your company's present source of cash.
• Identify areas where collections can be increased.
• Identify key assets which can be readily converted to cash.

We will prepare a detailed analysis
of best-case, likely and worst-case scenarios for total cash inflows.

NEW YORK CREDIT Helps Minimize Cash Outflow

We Identify:

• Semi-fixed costs such as notes payable, leases, payroll taxes, etc.
• Variable costs, such as payroll, vendors, etc.
• Areas where expenses can be reduced

We Prepare an Operating Budget

We implement a plan of action to increase cash receipts and decrease cash disburse-ments in a detailed operating budget designed to help management achieve its key goals and objectives.

Operating budgets are provided:

• Daily/Weekly—allowing close monitoring of your company’s cash flow.
• Monthly—providing information for inclusion into monthly financial statements.
• Quarterly—allowing management to review medium-range progress.
• Annually—enabling management to communicate long-term goals to banks, vendors and potential investors.

BUSINESS PLAN

A NEW YORK CREDIT business plan provides a long-term strategy for growth and profitability. It also helps management identify key objectives and target specific areas for growth.

Who Needs a Business Plan?

• Entrepreneurs who lack the financial expertise to turn their vision into reality.
• Companies that are short-handed on financial expertise.
• Companies that need to show a banker where they'll be in one... two... or five years.

NEW YORK CREDIT Provides

Solutions through Planning

We've been helping manufacturers, wholesalers, distributors and service companies nationwide improve their cash position since 1979. We've got a track record to prove it...and we're cost effective.

Why Banks Like NEW YORK CREDIT Cash Flow and Business Plans:

• We provide third-party credibility.
• We provide planned loan placement.
• We can improve the cash flow position of borrower accounts, which improves loan performance.
• We're cost effective and affordable.
• We are hands on.