City Of Los Angeles Paid Curative Daily On Net-One Payment Terms
Fred Turner · We Built Our Own Salesforce in Months. Here's Why We're Cancelling the $600K Contract | Curative CEO · Jul 18, 2026 · at 25:12
Fred Turner is the co-founder and CEO of healthcare company Curative. He discusses how the company managed cash flow during its initial rapid expansion in early 2020.
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“The best thing we could get with the city of LA, because they have obviously, you know, There's a city, there's certain restrictions, is that they would pay after delivery, but they would pay net one on the invoice, and so we would deliver the tests for a day, and then we would send somebody to City Hall the next morning to pick up a check for those tests.”
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