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They need to raise working capital or to bridge the gap between making a sale and taking payment.
What: A service that allows companies to raise working capital by auctioning off their outstanding invoices in an online marketplace.
The company said it has also agreed to raise working conditions and living standards for workers in the garment industry across its global supply chain.
Their flight into safe government and mortgage-agency paper has left banks and companies struggling to raise working capital.Had officials foreseen this debacle, Lehman would surely have been propped up.
The document, a copy of which was obtained by The New York Times, explains that the investors' infusion of cash will help pay off debt on the team and Prudential Center, and will raise working capital.
In the crisis, companies that had relied on selling marketable securities to raise working capital turned in desperation to their banks instead, tapping pre-arranged credit lines to keep afloat.
Similar(45)
The early part of his career was devoted to political fund-raising, working for Bob Kerrey and Paul Simon during their Senate runs.
City officials were not counting on the determination of his three daughters, who were raised working in the restaurant alongside their parents and aunts and uncles.
The company previously raised working capital from WEBZEN pursuant to a game development deal earlier this year.
I'm also someone who was raised working class.
The issue of minimum range continued to be raised, working its way through the Air Ministry and eventually to Harold Lardner, head of what was then known as the Stanmore Research Centre.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com