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The top 20 or so funds, including Citadel, have the reputation (and pay big enough fees) to negotiate hard for more flexible financing arrangements.
Executives at several biotech companies said they have had no problems with Acqua Wellington and, indeed, are grateful for such flexible financing.
Since the programme's success depends on demand for its credits, which may be low in comparison to overall supply, we believe a flexible financing mechanism is required.
And when I.B.M. comes across a venture like Pristine.com, a company in White Plains, N.Y., that trains stock traders, it may offer more than its usual line of products, services and flexible financing, said Laura Avolio, an I.B.M. account representative.
While buyers of the past may have coveted co-ops, younger buyers find condominiums more appealing because they allow for flexible financing and their sales don't require board approval.
This gives it access to cheaper and more flexible financing at a time when the banks are holding back.But Mr Lafonta is adamant that Wendel will steer clear of any entanglements with the state.
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The solution, therefore, seems to be that of adding flexible finance at the checkout.
A new report out this week hailed flexible finance as the currency that will not only save the UK high street but transform consumers relationship with credit.
"Rising overheads, big business customers paying late and a lack of flexible, affordable finance are compounding this uncertainty," he said.
He added: "It is a good thing that he recognises that there's still small and medium-sized businesses who cannot get access to flexible, affordable finance.
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