Companies Borrow Against Their Assets in an Uncertain Economy

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Some finance chiefs under pressure from rising costs are switching to asset-based loans from cash-flow loans, bankers say

A Citizens bank branch in New York. Citizens has seen an uptick in companies switching from cash-flow loans to asset-based loans this year.

More companies are borrowing against their assets, including inventory and receivables, as finance chiefs look to bolster liquidity amid financial stress from inflation and high interest ratesContinue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CMCC Global Raises $100M for Hong Kong-Based Blockchain CompaniesThe lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu.
Source: CoinDesk - 🏆 291. / 63 Read more »

US sanctions Chinese companies for involvement in fentanyl crisisThe Treasury Department's latest round of sanctions targets 28 people and entities involved in a fentanyl-smuggling operation based in China.
Source: Newsweek - 🏆 468. / 52 Read more »

Dylan Mulvaney demands companies stand up to 'bigots,' commit to LGBTQ partners after Bud Light fiascoDuring a recent Forbes summit, trans activist Dylan Mulvaney urged companies to commit to better supporting their progressive partners and staff members.
Source: FoxNews - 🏆 9. / 87 Read more »

Two Latino theater companies in Dallas score $340,000 in grantsReviews, news and criticism about the theater, symphony, opera, and classical music in Dallas, Forth Worth and Collin County.
Source: dallasnews - 🏆 18. / 71 Read more »