Every month my company sells roughly $15,000 worth of monthly recurring revenue contracts with five year term lengths. The service sells for $1,000 per month so every month we sign on 15 new customers.
$15,000 * 12months * 5 years = $900,000 (total contract revenue for all 15 contracts sold during the month)
We've maxed out our borrowing on physical assets held by the company and I need to find a way to unlock these revenue streams to use as collateral for further growth.
What's the best way to do this? I would prefer to not have to go to every customer and amend their contracts in any way.
posted by Paalen
on Jan 24, 2014 -
It's time for a career change, but I'd like some help confirming if this diploma program in accounting would help me land jobs, despite not having a university degree. [more inside]
posted by anonymous
on Aug 25, 2012 -
StudyBingeFilter: let's suppose I had one week to teach myself banking, specifically: asset/liability management, market risk management, credit risk, funds transfer pricing/profitability, mortgage servicing valuation and accounting. anyone recommend some books/study materials/etc.? [more inside]
posted by mdpc98
on Jan 18, 2005 -