Capital Solutions Bancorp News
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Working capital can help firms develop
August 11, 2008
Working capital can be the key for owners of medium-sized businesses who want to take their firms to the next level.
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David Guernsey told Forbes.com how he overcame cash flow problems by borrowing $8 million from a variety of sources to use for storage space, delivery vans and tech infrastructure for his business.
His idea was to keep inventory in one central location and increase the number of internet-based sales.
"What I borrowed far exceeded my net worth.... -

Credit crunch hits Connecticut firms
August 11, 2008
Tighter lending criteria at banks have led to cash flow problems for many small and medium-sized bus...
