The 2% Discount Payment Strategy💰-Sponsored by Flow Digital and Pipedrive!

Paying your vendors on time, you may get a 2% discount by paying them within 10 days or 30 days, whatever the terms are, take advantage of that. Why not, right? 2% if you run the numbers, 2% could come out to more than the interest that you're paying the bank. Cuz 2% for that month, right? You run it that way as long as you're cycling the line of credit. As you collect, you pay it down. Again, the business owners have to have the discipline to know they're putting it back. Yes. >> So, are you an advocate of having lines of credit for a business? Yes. Sure.