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Using Your Assets To Get Cash As a last resort, consider using your accounts receivable or inventory to get an advance. by Sheryl Nance-Nash Once again, your operation is strapped for cash and the banks aren't eager to throw you a rope. Are there any financial tricks can you pull out of your hat in order to generate working capital or ease a short-term cash flow crisis? Consider asset-based financing. While asset-based financing comes in various forms, the most common are accounts receivable financing, inventory financing and factoring. We asked our gurus to provide a quick primer on each:
Click "continued" to read further, or learn more about alternatives to bank financing in the following articles:
Where to Go When the Bank Says No |
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