Summer is just around the corner and many are just starting to plan their vacations. Since summer is a peak travel season, it is a great time to use credit card rewards rather than pay cash. For those who need a new credit card to accumulate enough points or miles for a trip, there is minimal time to waste before applying due to the time typically involved in obtaining rewards.
While many travel rewards cards seem to offer instant gratification, it can actually take weeks or months before applicants can realize their rewards. First, credit card users must weigh the various offers for different products on the market. For example, Delta offers many versions of its SkyMiles credit card from American Express, each with different features, benefits, and costs. Once a card is chosen and an application is completed, customers may be granted instant approval or they may have to wait up to ten days for a decision.
One of the biggest challenges for life sciences staffing companies, especially new or growing ones, is that most commercial and industrial customers pay their invoices in 30 to 60 days. If the company is well capitalized, this will not be a problem. But if the company is thinly capitalized and is running low on funding, waiting up to eight weeks to get paid can create serious cash flow problems.