The time cost of money
Cash today, is worth more than cash tomorrow.
A company must weigh the cost of funding against
not having having access to working capital now!
Considering the cost of keeping your business
running, making payroll and paying vendors, It will
cost considerably more if you could not meet these obligations.
One should not focus mainly on what funding costs,
as much as how much will it cost not to have access
to immediate cash flow.
