Wednesday, March 5, 2008

Elephants and Donkeys

The political season has found a home at Safefunds. One of our members in the hotel business had an unfortunate experience four years ago that did not happen again now that Safefunds is available. It seems that a major news organization booked half of his hotel during primary season for two weeks in 2004. After the primary was over and they moved on, it took our member 6 months to get paid from the "corporate" office. Not this year. Our wise member insisted that funds be committed using Safefunds in advance. When the bill was totaled, the Safefunds transaction was adjusted to the proper amount. Our hotel operator member received his funds instantly, the news organization member had instant access to withdraw the remainder. Another "newsworthy" use for Safefunds.

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