A Recession Proof Business
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A recession forces businesses to re-evaluate their business plans, develop new strategies and grow their business methodically. Ormita can help you speed up collections, get more out of your customers and expand your market share while saving you valuable cash.
Sometimes when people are uncertain about their economic security, they tend to save, or at least moderate their spending. When the consumers refuse to spend money demand falls below the supply putting a downward pressure on the prices. As an example one can think of housing prices. Today the demand for housing has suddenly dried-up, putting sever pressure on supply side (sellers) resulting in a marked reduction in prices (US, UK, Australia, New Zealand etc).
Companies today are now forced to write off impaired assets, stock-in-hand and goodwill while balance sheets are coming under greater scrutiny by lenders.
Unfortunately the flow of money in and out of your business is not necessarily linked to the availability of assets within the community.
If your business is exploring ways to proactively strengthen its financial position then Ormita is the solution you need.
By allowing a business to spread its overhead, purchase at a lower cost, and reduce the cost of borrowing Ormita helps businesses compete even in difficult times. Surplus time, empty seats, unsold tickets, idle inventory, stock overruns, liquidation items, time-sensitive products, seasonal stock, idle production capacity, vacant rooms, extra airtime and slow-moving stock are all valuable commodities.
Using Ormita you can reduce your existing cash outlay by selling your excess capacity in return for credits which can be used to purchase market-value goods or services from other participants. Trade what you have for what you need – a simple concept.
And if you wish to expand your business or grow your customer base you won’t have to interrupt your existing lines of credit to do so. Ormita offers interest free finance which you can repay solely by selling your goods or services to customers we bring you.
Ormita is the perfect way to convert non-producing assets into needed products and services.