Loading ...WHERE TO GO FOR MONEY
To do so, however, requires expert purchasing ability. Money service is not always the same either in quality or in price. Money markets vary. Credit which is the assurance of repayment you give means different things in different markets.
If you want a loan payable at will rather than on call, the price of your accommodation will be higher. If the available money supply is low, or if your loan involves an unusual chance of loss, you must pay better. If you borrow more than you need that is, if you overbuy money your holdings depreciate day and night at your interest rate. If you underbuy, you may be unable to meet a vital cash demand.
Financing a business means expertness in buying, in selling, in using funds. It means establishing credit, stopping losses, coming through the pinch by sheer resourcefulness and “making both ends meet” in steady profits.
Men who finance store, factory and professional service with success first know their own condition exactly; then check over those who sell funds and apply to such sources as offer precisely what they need. They go to the best money market with carefully prepared purchasing power and buy with expert foresight precisely those funds in amount and in terms which the business needs.
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