Solution to working capital shortage?

The manufacturing company needs a solution to their temporary working capital shortage. The funds that were supposed to come in from the headquarters were delayed due to a three-day long holiday. The accountants were not able to anticipate the need thus the shortage. The signatories from the headquarters are all on vacation. Good thing the local manufacturing company has an unsecured business credit they can use. That’s the solution they can utilize for now.

This is one of the reasons why a company sets up a business line of credit so that when something comes up, an emergency that needed quick funding and there’s no available funds to use, there’s an option for the management. There’s a solution.

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