You wouldn't want your personal investments and finances in the hands of anyone but the best professional money managers-people who are assessing the risk of each transaction and matching it to your financial goals and needs. Your company needs the same kind of hands-on management by professionals who are measuring the risk of every transaction involving trade credit and matching each to your company's risk tolerance. Too many business owners think of the credit and finance operations that manage cash flow as best left to the back office. Yet there's no getting around it-your company's day-to-day operations depend on cash flow. The more professionally your company's cash flow is managed, the better your company's bottom line. With NEW YORK CREDIT's full-service cash management plan, you can have that hands-on professionalism-and improve your cash position in as little as 120 days. NEW YORK CREDIT has been helping middle-market companies improve cash flow since 1979. Founder Eric Shaw, an asset-based lender and credit analyst, discovered how to tap the cash in key areas of a business balance sheet. Over the years, he developed a simple plan to "unlock" those hidden sources of cash through sound credit management practices. Like many Californians, Eric Shaw is a native New Yorker who traveled west in search of the American dream. He settled in Los Angeles in the late 1970s and immediately developed a plan to provide credit, collection and liquidation services to businesses throughout the state of California.
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