Issue link: https://read.dmtmag.com/i/79681
68 • SEPTEMBER 2012 • WORLD FENCE NEWS BD Loops slates its popular vehicle loop seminar for NAFCA Gate Operator School Brian and Shawna Dickson of BD Loops announced that they are look- ing forward to presenting their train- ing seminar "Everything You Need to Know about Loops" at the North American Fence Contractors Associa- tion's Gate Operator Training School, scheduled for September 13-15. This increasingly popular seminar is designed to provide a better under- standing of inductance loops and how they work, as well as provide installa- tion guidelines and time-saving instal- lation tips. Important topics to be covered in- clude: Proper loop size and placement, loop phasing, troubleshooting loop systems, reducing repeat service calls, and loop installation tips and tricks. "BD Loops is excited to partner with the North American Fence Con- tractors Association to help make the loop side of gate operation easier," said Brian. He invited all interested parties to contact BD Loops or the North Amer- www.BDLoops.com. For information on the training school, contact Tom Wright at 262- 814-7304 or contact@4nafca.com. Also visit www.4NAFCA.com. The Gate Operator Training Brian Dickson conducts a session of his popular "Everything You Need To Know About Loops" seminar. ican Fence Contractors Association. Contact BD Loops at 714-890-1604 or e-mail BDLoops@aol.com. Also visit DECORATIVE PRIVACY SLATS for chain link fencing. Introducing SlatSource®'s New Family of Slats with the Lowest Price Guarantee! EconoLink™ OptionLock® SlatSource's Standard Line of Quality Decorative Privacy Fence Slats! School will be held September 13-15, 2012 in Brown Deer, Wisconsin. The BD Loops seminar will be held on Fri- day, September 14 from 10 a.m.-noon. (BD Loops photo) Supplier credit Why you want it, how to get it, and what to do with it BY TOM KLAUSEN AND FRED SEYMOUR Many companies struggling with working capital and cash flow chal- lenges are overlooking an ideal source of financing that's right beneath their nose: supplier credit. Supplier credit is the payment terms offered by vendors and suppli- ers to their customers. For example, instead of requiring customers to pay upon delivery of products or services – or in other words, cash on demand (COD) – a supplier might permit the customer to pay within 30 days. This is commonly known as net-30 payment terms. Taking full advantage of supplier credit can have a big impact on a com- pany's working capital and cash flow cycle. This impact can be so drastic that, in some instances, supplier credit can eliminate a company's need for out- side financing altogether. • Orders usually ship in 24 hours • Warehousing on east and west coasts • Quotes responded to within 20 minutes • Warehouse inventory includes most heights and colors for all slats DECORATIVE PRIVACY SLATS PrivacyLink 3 1/2" x 5" mesh IndustrialLink 3 1/2" x 5" mesh SlatLink 2" mesh 1-888-806-7528 • www.eprivacylink.com "pre-woven" into the chain link mesh. As a source of working capital, supplier credit can be vital during the early start-up stages of a business. PrivacyMaster 2" mesh Perhaps best of all, supplier credit is truly a cost-free form of financing: Vendors typically do not charge inter- est unless payment is made later than the agreed-up terms. Typically, no collateral or personal guarantees are required. Having strong supplier credit is like having a "non- equity" partner in your business who understands that if you succeed, they will succeed. VinylWood 3 1/2" x 5" mesh BudgetLink 3 1/2" x 5" mesh TempGuard 3 1/2" x 5" mesh • Available in a variety of wire gauge weights and finishes, colors and heights • Pro-rata limited warranties 1-800-574-1076 • www.eprivacylink.com As a source of working capital, supplier credit can be vital during the early start-up stages of a business. However, it can be difficult to ob- tain supplier credit for companies that haven't been in business very long. But if you know how to build, main- tain and grow your business credit continued on page 73 Aluminum Slats HedgeLink™ BottomLock® Lite Link™ Top Lock FinLink® Feather Lock® Winged Slat ® Pre-Inserted 2000 Top Cap™ Inventory! World's Largest Slat First Time Purchase Incentive! shipping from east and west coast Now warehouses! Quotes in just 20 minutes!