First, Let’s Clear Up Who I Am Not.

I am not the Dennis Bays warrior invite in Evansville Indiana.  While I am always impressed by people who commit to a goal and then compete to meet it, I did not create this event halfway across the country.  Don’t let that stop you this August, if you want to enter it in 2023. Also, I am not the Dennis Bays in Ohio who is a tank inspector.  Good work, Ohio Dennis Bays; keep it up.  And though as an owner of my own firm, I too sometimes feel like chief bottle washer, I am not the Dennis Bays with that job description.  That Dennis Bays is in Washington in the oil and energy industry. 

Now Lets Cover Who I Am.

I am the Dennis Bays of Americore Group in Agoura Hills, CA who runs a Financial Advisory Firm.  If you already know just what a financial advisory firm is, go on to the next paragraph.  I get this question a lot, so let me just cover this to keep things straight. A financial advisory firm has expertise in one or more investment areas and provides guidance for an individual’s unique financial situation-Investopedia. Americore reviews a situation, assess multiple relevant factors and reveals an option or options that will be best for the individual or company’s overall success. 

At Americore Group, I have spent years honing my skills for helping small and mid-sized businesses discover and utilize legitimate, available funds to facilitate growing and prospering.

I Don’t Replace Your Current Consultant; I Work with Them.

Keep your current consultant team.  As a financial advisory firm, Americore does not replace your current team of advisors and consultants.  Americore, works with them.  We are interested is helping you find long term financial success and goal achievement.  To do this, we facilitate access to make-sense programs available to you.  Businesses rarely take advantage of these programs .  But Dennis Bays of Americore has spent years learning how to help businesses use these programs.

What Programs Are We Talking About?

We really should have a conversation about this.  We spend years intimately learning beneficial programs, and while they do change over time, we know their language.  With that said, many businesses don’t know how to complete the forms.  They ultimately get denied program access due to a technicality or misstatement.  Since we understand the programs, we understand the application questions and can walk you through the entire process.   

We’re Talking About Dennis Bays Personal Commitment.

For years, I’ve grown and helped sell businesses, worked with banks, CPA’s and attorneys.  I’ve funded over 150 businesses over the years, helped with exit and sell situations and with structuring sales to avoid or mitigate capital gain taxes. 

After working with businesses for decades, I have learned similar patterns and wisdom that apply to other businesses. That wisdom is probably the most valuable asset I have gained and it can benefit my clients.  I constantly discover great programs to help business owners earn more, while paying less in taxes, legitimately. My goal is to help more, because they work so hard to protect their employees, and their family, we want them to keep as much of the money they earn as legally permitted. And those funds are more than business owners realize. 

Contact us for your no obligation or cost analysis of your financial position to learn what advantages are available for your benefit. Don’t put this off.  Saving those dollars today means growth in your retirement account.

Americore Now Offers Supply Chain Finance Solutions

At Americore we think we found a solution for many of our clients and others who qualify.  Americore is helping clients stock up to break the supply chain choke hold.  This supply chain finance program is designed for businesses in the United States who import or export their products.  If you are frustrated by a lack of employees, the shipping lines driver shortage and other broken links in  your supply chain we have solutions. 

Working Capital to Solve Supply Chain Issues

Drip Capital is a digital trade finance company based in Palo Alto, California. Drip offers working capital to small and medium sized companies engaged in cross-border trade using technology and data analytics. These supply chain finance solutions cover a wide range of business imports and exports.  Focus is on things like frozen foods, Agri-commodities and chemicals.  Yet it also covers other time sensitive or seasonal products like readymade garments, fabric and yarn, leather goods and more.  What we cannot help with are things like fresh produce, fresh flowers, fine gems, jewelry or explosives.  If your products have a 6 month shelf life, due to “best by” dates or fashion cycles Drip Capital might be able to help you.  As long as it makes sense, Drip Capital offers supply chain finance to help break the supply chain chokehold.

Geo-Focus

Businesses operating in the US have an advantage, since DRIP is focused on import/export businesses in the US and nearby countries such as Canada or Mexico.  There are some qualifications to meet.  Your business must be operating in the US or Canada for at least two years.  You need to have imported at least six shipments to US or Canada in the last twelve months.  If that fits your business read on…

Dollar Qualifiers

Keep in mind this is a program that bases underwriting on data and analytical technology.  If your annual sales of $1 million.  Net worth should be at least $100,000. The financed amounts are relevant to current cash flow statements and business need. Drip usually charges an interest rate and/or small transaction fee of 0.4% to 1% per month small transaction fee of 0.4% to 1% per invoice. Credit is usually extended for 30-90 days.

The application process is comparatively short.  That means you will know quickly whether any of Americore’s supply chain solution programs can end your supply chain nightmares. At Americore, we are constantly searching out better solutions for your needs.  Contact us today to open a discussion.  The conversation costs you nothing, doesn’t change your team by one person, but could save you thousands, or millions of dollars.