Firms Work Harder to get Working Capital

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by Judy Temes of Craines New York Business John Arlotta Inc. has designed and sold high-end menswear to stores like Neiman-Marcus since 1985. Despite the recession and the spate of retail bankruptcies, the New York company has been growing steadily. Two years ago, however, the bank that helped the $4 million company get on its feet pulled the rug out from under it. John Arlotta's $50,000 working capital line was suddenly terminated, although it had not a single missed payment, credit blemish or ... (more)

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Last update: 08/04/2005

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Firms Work Harder to get Working Capital

decoupled.net: - iPods, MP3s, podcasting - IT Training - Credit, finance, mortgages - Prescriptions, medical news - Home improvements