FD Report: Funding
Banks are still reluctant to lend, so companies are becoming adept at raising finance for growth from within
Nothing stops a company in its tracks faster than running short of working capital. the prolonged credit crunch has put a high priority on companies sorting out their refinancing well in advance. It has also forced many to think long and hard about both internal and external sources of cash to bolster their capital, particularly since there still seems to be plenty of anecdotal evident that bank lending continues to be difficult for companies to obtain.
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