The Pondering Primate
Makes cents with today's news...inspired by PTBS
Tuesday, November 18, 2008
The eBay Of Working Capital
Recession and tight credit markets create a new way for businesses to tap cash. By
selling outstanding receivables
, much needed financing is available without resorting to vulture financing.
eBay of working capital
What kind of impact will this financing method have on balance sheets?
Will this put pressure on banks to lend, or will they too get into this business?
Scott P. Shaffer
Post a Comment
Post Comments (Atom)