Quote:
|
Originally Posted by Giorgio_Xo
You need to go to a smaller business bank to get better accounts system. They have better experience managing cashflow of small business. I think you have outgrown your current banking relationship. It is unwise to use credit cards on such a large scale, better to use bank letters of credit, wires, etc. You can also hire the bank to collect for you.
|
We only have 5 banks in Canada, numerous branches but they all come down to the big 5. If I could avoid using my credit card so much I would, but much easier than sending out wires or drafts and I get rewards on top of those purchases. And I have a great collections agency, I don't want my bank involved with the collections process.
WG