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Ordinarily, they use those receivables from carmakers as collateral to borrow working capital.
Kabbage, a platform for online merchants to borrow working capital, is picking up some cabbage of its own: the startup has closed a $270 million credit facility from Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners.
Kabbage made waves last month when it closed a $270 million credit facility to pass on to small businesses that use its online platform to borrow working capital and extend credit lines.
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When she asked if she could borrow work for the China Institute, he promptly agreed.
But when he tried to borrow work from other institutions no one would lend to him.
All too often people want to borrow works for projects in which we have no say.
Photography was new at the time, and photographers were allowed to borrow works to shoot whenever they felt like it.
"Exchanges allow us to borrow works that, because of their fragility or value, institutions might otherwise be reluctant to lend," he said.
Rosenthal, 63, played a key role in organising the RA's current blockbuster, From Russia, spending three years negotiating with Russian authorities to borrow works from their collections.
Under the direction of J. David Farmer, an art historian, it began to bring in shows and borrow works to complement its own.
Each has been given the keys to Mona's collection and the option to borrow works from local, state and national galleries; public and private collections from around the world, as well as the opportunity to stage new commissions.
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