The Reserve Account Nobody Touches
At one company, $300K sat in a checking account earning 0.1% for fourteen months. Nobody moved it, because moving it meant a decision nobody wanted to own.
Angle
Treasury
3 posts
The Interest Rate on Your Customers
A 15% annual prepay discount looks generous. Run the math and the implied annualized cost is closer to 18% — credit-card rates, paid to your own customers.
Draw the credit line before you need it
A $5M line sat untouched for a year. Drawn in a soft quarter, it tripped a covenant in two weeks and ended the banking relationship.