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1.A company is growing and is projecting as they enter the holiday season that they will need more cash to make payroll and stay solvent
1.A company is growing and is projecting as they enter the holiday season that they will need more cash to make payroll and stay solvent in the 4thquarter. The company is profitable but needs morecash. They cannot find new investors and their bank will not extend more credit. It is not a cash business ... most of their customers pay after 60 days. Provide 1 idea that may help provide the needed cash to survive the holiday season.
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