Many times a negative cash flow is a potential problem in a business. Go to the website

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Many times a negative cash flow is a potential problem in a business. Go to the website for the local banks in your community. Check the requirements for a line of credit or mortgage in case your company needs cash quickly to buy a product you know you will sell for a large profit. Some bank websites could be: www.bankofamerica.com, www.wellsfargo.com, www.chase.com.

Line of Credit
A line of credit (LOC) is a preset borrowing limit that can be used at any time. The borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again in the case of an open line of credit. A LOC is...
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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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