Blog articles discussing factoring companies, factoring loans, invoice factoring and all things related.
Our family went to Disneyland yesterday and it was as busy as you would expect on a holiday weekend. I thought we had the right idea going during the week and then it dawned on me that some kids (like my own) are off this week for the Easter/Spring break. Needless to say, we spent 10 hours there and got on a handful of rides.
What does this have to do with factoring companies or using a capital markets adviser? Glad you asked!
During our time at Disneyland, standing in lines for hours upon hours, shuffling through the mass of people going here and there, and occasionally being stopped by a Disney character looking for a picture with my kids, I had a realization. There are two things you need at Disneyland to maximize your time – a map and a Fast Pass.
A map is self explanatory. You need one to show you where the attractions and places to eat are and it can be used to plan your path through the park. Without a map, you spend a lot of time walking around in the hopes you bump into something of interest to you. This is not only the least efficient way of maximizing your time, but also exhausting! Kind of like looking for the right financing partner for your business, I thought.
When our small business owners contact us to discuss financing, they want a map, someone that knows the way to get them where they want to go. Sure they could explore on their own and eventually find suitable solutions, but rarely do they have time for that. We all like the idea of employing an expert to get us the results we want as quickly as possible. Additionally, self searching for financing options means doing a Google search for financing companies. This only shows you who has paid the most for ad space and search results, and not necessarily you who will deliver the best fit for your business.
About the Fast Pass. We also had our 13-year old nephew with us. If you are looking for an expert on Disneyland, I suggest inquiring with a 13-year old, any 13-year old will do. As we were standing in line making small talk with our line buddies and grateful when our line moved us into the shade, he said, “hey uncle Patrick, do you have a Fast Pass?” To which I replied, “what’s that?” A Fast Pass is basically a line pass that they hand out on a first come, first serve basis. You go to the attraction you want, request one, and they give you a pass and a time slot when to return to go to the front of the line. It’s a huge time saver and allows you to maximize your time versus spending idle hours standing in line. A brilliant idea! I later found out that you can purchase these Fast Pass treasures at the ticket booth. I swore to buy the Fast Pass from now on when we go to Disneyland. What a time saver!
By now, you can see where this is going. When our clients are looking for financing they want objective advice on what the best solution is for their business. Their desire is to get a “good deal” and save time, money and effort in the process. They are not looking to find this perfect partner through trial and error, but rather take a rifle approach and zoom in on the target. This is our greatest value.
Huntington Coast Capital takes the time, frustration and effort out of selecting the right funding partner for your business and manages it for you. Why walk with the herd down the path everyone is taking when you can take the short cut and get to the source quickly and easily?
Allow us to bring value to your business by partnering you up with the right funding source. We have our finger on the pulse of the small business lending market and bring that value to our clients on a daily basis. We look forward to hearing from you.
To your success!
Patrick Zazueta | Founder | Huntington Coast Capital, Inc. | 714-719-8966