Why banks struggle with saas companies

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Why Banks Struggle With SaaS Companies

Wednesday, April 30, 2014 by BJ Lackland

In the “good old days”, companies took raw materials and assembled them into products (inventory), then sold the products generating account receivables (AR). These activities required lots of working capital and created hard assets – inventory and AR. So when a business wanted to get that working capital from the bank, the bank could lend and feel “safe”; if the busine...

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