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The Cashflow Advantage: Why the Right Banker Makes All the Difference, Ep #6
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Nick Goellner and Mike Payne에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Nick Goellner and Mike Payne 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
“A good banker understands your business’s financial picture. They understand your balance sheet. They understand what your cashflow looks like. They have an understanding of what your needs are.”
In this episode, I sit down with Jace Dawson—the Commercial Regional Executive for Simmons Bank—to explore how manufacturing businesses can manage cashflow, secure financing, and grow strategically by leveraging traditional banking solutions.
Cashflow is the lifeblood of any shop, and understanding your operating cycle is critical to ensuring your business stays competitive and solvent.
We discuss the advantages of traditional banking over independent financing, how treasury management tools can streamline payables and receivables, and why a well-structured revolving line of credit can be a game-changer for managing working capital.
Whether you’re navigating equipment purchases, labor costs, or long payment terms, the right financial strategies can help your manufacturing business thrive.
You will want to hear this episode if you are interested in...- [2:12] Learn more about Jace Dawson
- [7:22] Bank financing vs independent financing
- [10:21] The advantages to traditional banking
- [13:07] The importance of cashflow in a business
- [16:32] Creating a good relationship with your banker
- [25:08] How your bank can help you manage cashflow
- [27:54] The basics of treasury management
- [30:33] What to look for with a working line of credit
- [36:18] What do payment terms cost you?
- [39:11] It’s time to reach out to your banker
- Simmons Bank
- Connect on LinkedIn
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