The Contractor Fight with Tom Reber TCF1067: Cashflow Survival Guide for Contractors with Kortney B. Farhat
Oct 23, 2025
Kortney B. Farhat, founder of Coastal Kapital and finance expert, joins to share critical cashflow survival strategies for contractors. They discuss why cashflow management should take precedence over profit, especially during economic downturns. Kortney highlights creative financing options, including leveraging equipment as collateral, and offers insights into smart tax strategies like Section 179. She stresses the importance of maintaining client relationships and effectively communicating with creditors to navigate tough times.
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Protect Crew Pay And Engagement
- Keep good employees paid and engaged during downturns because rehiring costs are high and retention preserves future billable capacity.
- Negotiate deferred payments with creditors to prioritize payroll when AR is slow.
Honesty Turned A $1,500 Debt Into A Plan
- Tom Reber recalled negotiating a $1,500 vendor debt down to $50 a week by being transparent and humble.
- The vendor appreciated honesty and continued the relationship instead of being ghosted.
Use Prepared Deferral Templates
- Use prewritten, forthright deferral templates to negotiate mortgage, credit card, or LOC payment delays so you can prioritize payroll.
- Transparency with creditors builds goodwill and keeps operations running.