Several years ago, I stumbled upon a company that does the direct SCF. Excellent example particularly b/c years ago, the company was in desperate shape, close to bankruptcy. They turned themselves around, and you can “see” the strategy shift in their SCF. One, you see the huge cash infusion by lenders… then two, you see sales of the old PP&E type assets and then purchases of arguably new technology. Then you see profit. Really interesting way to do more than just cover format and “how to” in class when discussing this topic.

The company is Preferred Voice.