How is your business going to recover from a natural disaster?
Wildfires affect more than just trees and wildlife. The 2015 fire season is affecting communities, businesses, and families.
The west coast experienced low snowpack in the winter and continued drought conditions in the spring and summer. Wildfires are exploding across the western U.S., overstretching resources and, in some states, resulting in tragic consequences. Some 30,000 firefighters, support staff, and 200 members of the military are now fighting fires across the United States — the biggest number mobilized in 15 years, according to the U.S. Forest Service.
The total acres burned so far in 2015 is now a staggering 7.1 million acres. What has been particularly alarming are the developments in Montana and Idaho, battling 35 large fires between them. In these states and throughout the Pacific Northwest, fires are being started by dry lightning storms that are delivering lightning strikes without much rain.
Wildfires frequently damage community infrastructure, including highways, communication facilities, power lines, and water delivery systems; all of which can negatively impact your business. Let’s face it, if a simple road closure, or winter storm, or mud slide can slow down your business, imagine what a wildfire can do.
So the question begging to be asked is, how is your business going to recover from natural disasters? Often, natural disasters can put pressure on your cash reserves and affect cash flow. Without sufficient cash flow, business suffers, employees go without pay, and bills accrue late fees.
Our fast and cost-effective solution is invoice factoring; the process of selling some of your accounts receivables for immediate cash.
If your company’s cash flow has been negatively impacted by wildfires or other natural disasters, give Universal Funding a call at 1-800-405-6035 or visit our website at UniversalFunding.com.
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