The purchase of inventory represents a challenge for all companies. It’s about having a catalog available to give customers certainty. Having a credit card to purchase inventories is extremely useful because it guarantees supply even at some stage of financial imbalance.   Mechanics are simpler than it seems. These are some very useful tips for using this tool 1. Look for suppliers that accept it: In these times it is inconceivable that a business rejects this form of payment, which marginalizes it from negotiations and sales. 2. Notify the bank: In case the supplier is in a different country or the purchase is very high, the bank must be advised because for security reasons they usually block outliers. To prevent[…]

For many Czechs, debts are a common thing. “We spend it when others lend us,” chronic debtors say, following the example of Hancel Kratz. But he is not a debtor like a debtor. EI Finance tried to map the debtors’ typology and their reasons for how normal it is to owe, based on extensive research. According to the probe, 65 percent of us are unable to pay our debts regularly, while a third of Czechs have outstanding commitments ranging from USD 10,000 to USD 40,000, and it is no exception that we owe several places at once. For some borrowers, lending money is like a drug, a debt spiral spinning like a wheel of fortune. Others borrow recklessly and borrow[…]