Financing Your Promotional Products Distributor or Supplier Business for Growth
Recorded On: 03/22/2017
Join David Rocker and John Herman for this session on financing your business. This session will review different options and opportunities for both distributors and suppliers to finance your growth while managing cash flow. The session will cover how utilizing the financing services can resolve your cash flow issues and help you grow your business. There will be an overview on how factoring (invoice financing), purchase order financing, merchant cash advances, and short term loans are a great way for distributors and suppliers to access the working capital needed for growth. We will go over the steps necessary to get set up to receive this member benefit. This session is offered by Promotional Capital LLC, which is a PPAI Affinity Partner.
Owner and CEO
John Herman is the founder of Promotional Capital LLC, which provides financing solutions to promotional products companies to help them grow their business. Herman previously was owner and CEO of Incentive Merchandising Corporation, which handled large-scale corporate identity and promotional merchandising systems. He has served as a business consultant for small and mid-sized companies, including many in the promotional products and marketing industries.
Executive Vice President
David Rocker currently serves as executive vice president of Promotional Capital LLC, where he manages business development, operations and customer relationships, with a focus on helping clients increase their cash flow as their business grows. Prior to joining Promotional Capital, Rocker served as the director of program management at SureSite Consulting Group LLC, managing multiple large-scale new build and modernization projects, with a focus on the cash flow and profitability for all projects. Rocker’s experience also includes site acquisition services work for SureSite Consulting, and operations management for Summit Products International. Rocker has an MBA in finance from Case Western Reserve University and a bachelor’s degree in history from the University of Wisconsin-Madison.