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What is Working Capital Used For?
May 2, 2017 Many business owners find themselves in need of extra money for their business at some point over the company’s lifetime. Slow sales, seasonality, competition, and unforeseen circumstances are all factors in this. Working capital is a short-term loan that offers a solution to a business’ financial needs and day-to-day operations. This all sounds great, but you may have questions on what working capital is used for and how to [...]
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