Pyx News
News Releases
Business Leader Predicts a Long Year Ahead Customers Taking Longer to Pay Could be "A Potent Killer for Small Businesses in all Areas."
By Cassandra Consiglio - President, Pyx Financial Group
If it's going to be "a long year," is your business prepared to ride
out the storm? The old adage has now become "cash flow is
king." What to do? Suddenly, getting cash in the door and
managing accounts receivable have taken on strategic
importance.
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Are Your Customers Taking Longer to Pay Their Invoices? How the International Credit Crisis Affects Even Solid Businesses
By Cassandra Consiglio - President, Pyx Financial Group
Even solid companies are feeling the pressure,
and the headline in the March 9 issue
of Business Week said it all: “Getting tough
with customers — A surge in unpaid bills is
forcing companies to demand cash up front.
Collection agencies are busier, too.”
Read more...
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The Hidden Danger in the Credit Crisis
By Cassandra Consiglio - President, Pyx Financial Group
Published in Business in Vancouver, June 23-29, 2009
The latest news on the international credit crisis is not good. U.S. President Obama, when asked by Jay Leno why the government’s loans to banks haven’t made it to down to Main Street, confessed that the banks “haven’t started lending it yet.”
For Canadians, the situation appears not so dire because our banks weren’t caught up nearly so
much in dodgy mortgages and derivatives gambling. But there’s a hidden danger in the credit
crisis that is starting to directly impact many Canadian businesses.
Read more...
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New Plan from Pyx Financial Gives Cash to
Software
Companies for
Support Receivables
North Vancouver, BC – April 28, 2009
The Pyx Financial Group of North Vancouver is pleased to announce a new Software Support Cash Plan for advanced technology companies in British Columbia and Alberta. This plan is in response to the global cash-flow crisis that is affecting all industries and is designed to provide immediate cash for outstanding software support receivables.
Read more...
Download PDF (1.40MB PDF)
Interviews
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Pyx White Paper
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