The Crude Life Podcast Episode 39
March 19, 2020
Guests/Topics:
Zachary Ellis, Commercial Credit Group discusses Navigating the Outbreak.
In tough times we are often faced with business decisions that can alter our businesses, whether positive or negative. Rent, equipment, payroll, and other expenses are still expected on a monthly basis with the state of the economy completely disregarded. Money is an important topic, and you look to a professional for answers, there is nothing wrong with asking for help. Zach isn’t here to provide a means to an end, but a solution to a problem. Find solutions that are truly tailored to your business, someone that is invested in the health of your business. As an independent lender, Zach and his team long for relationships with our customers with an interactive, personal approach.
Ellis elaborates on Customer Criteria, Credit Profile, Loan Services, and an increasingly popular service, Factoring.
The question is raised whether people have invoices sitting in your office from vendors for 30, 60, and 90 days? Ellis says this is cash, sitting there. Ellis says it can be as easy as reviewing invoices, and setting up factoring.
Factoring is purchasing the invoice up front at a very minimal discounted rate, paying proceeds the next day so you can increase company cash flow, and return to business as usual.
In a previous interview, Ellis spoke about refinancing debt, which is also an additional option to increase cash flow, and lower total cost of ownership.
For more information call 682-386-7973 or email Zellis@commercialcreditgroup.com
Stephen Heins, The Energy Pragmatist, protests the rules and challenges the criteria for The Crude Life 2020 March Madness Tournament. Heins was bounced in the first round by Knighten Industries.
After a discussion about March Madness, the conversation transitions into the COVID-19 shutdowns and the impact with energy and small business. Much of the oil and gas industry is small business and the immediate impact is fleshed out – from the local server at the cafe to the field worker.
The interview then veered into telecommunication as Heins’ background involved major communication companies and regulatory milestones. The transition of society to a conference and medicine direction are a couple angles of the thread of conversation.
U.S. Senator Kevin Cramer comments on whether the federal government should subsidize natural gas to solve the flaring issue in shale play USA.
Daily Headlines:
As oil prices plummet, producers to cut jobs, spending in Eagle Ford Shale
Oil and gas companies drastically cutting production as coronavirus pandemic takes hold
Food and grocery delivery and take-out: 3 meal order rules for a pandemic
Sponsor: Swan Energy
Investing in oil and gas comes with extremely high risks but has the potential for extremely high returns. Swan Energy, Inc.’s standard for participation in its projects as a qualified partner includes a minimum level for net worth, a certain annual income and business management experience. Qualified partners must have knowledge and experience in financial and business matters and are capable of evaluating the merits and risks of participating in a joint venture.
Swan Energy, Inc.’s partners include small business owners and professionals including doctors, farmers, entrepreneurs and ranchers.
Swan Energy is always open to new partners applying and are actively looking to pursue. Click here for more information
Featured Event: The Crude Life 2020 March Madness Tournament
The Crude Life 2020 March Madness Tournament Schedule
First Round March 19-20
Second Round March 21-22
Regional Semifinals March 26-27
Regional Finals March 28-29
The Crude Life Final Four April 4
The Crude Life National Finals April 5S
The Earth’s Champion Johnny Green’s Eco-Watch: Join The Eco-Lution And Power Your Cell Phone Down For One Hour A Day!!!
The Earth’s Champion Johnny Green has been traveling across the planet cleaning streets, sidewalks, swamps and souls as part of the Clean Your Mind Tour.
The Eco-Champ is engaging with people from all of Earth’s nations about the eco-realities cell phone usage and environmental energy.
The Greatest Environmentalist on Earth is letting the world know environmentalists have lost their way and Renewables Ain’t Doable Without Fossil Fuelables.
Planet Service Announcement:
Links to Exclusive Interviews:
Zachary Ellis, Commercial Credit Group
Stephen Heins, The Energy Pragmatist
The Crude Life Music Crossover: Blind Joe
Studio Sponsor: Hatch Coaching
Phone Line Sponsor: Bakken BBQ
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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