My guest today is Mr. Michael England, president of River Capital Group, in Stafford, Virginia.
What we’re talking about in this episode is credit. Specifically business credit; why it’s so important and what you can do to build up your company’s ability to borrow.
The third of the Six M’s in my book Unlocking The M Cube is Money.
Access to capital is a critical success factor when starting, growing and running your business.
I am not a proponent of borrowing too much, having found myself overleveraged in the past.
But I do know that the right mix of vendor credit, equipment financing and lines of credit are very important if you want to avoid cash flow problems. That’s why I invited Mr. England to share some knowledge on Radio Free Enterprise.