The Copperline Loans blog answers business funding questions for owners in Mount Vernon, Washington at length: where builders get equipment financing, contractor loans and retainage, a business loan for a beauty salon, funding a daycare expansion, medical clinic financing, and what shapes small business loan rates.
How a Skagit County, WA restaurant can improve cash flow
A restaurant improves cash flow by ordering to its sales, collecting catering invoices on time, negotiating supplier terms and keeping a cushion for the slow weeks. Whatever gap is left after that is the one a loan or line should be sized to.
The restaurant loans page covers lines and working capital.
How Skagit County, WA home builders prepare a cash flow forecast
A builder's cash flow forecast lists each job's draws and closings by week, against payroll, subcontractor invoices and lumber. Enter retainage in the week its release is realistically due, which can be well after the final walkthrough.
The article on contractor loans and retainage covers the detail.
A 13-week cash flow forecast for a Mount Vernon, WA landscaper
A 13-week forecast is a rolling table: one row per week, cash in from contracts and installs, cash out for payroll, fuel, materials and equipment payments, and the ending balance. The lowest week is the one to plan funding around.
The landscaping page covers lines of credit for crews.
By Copperline Loans · Updated