But neither party is willing to tell the IRS to cut the nonsense and stop pretending that there is a difference between owning a term loan, a revolving workingcapitalloan, commercial paper or a bond.
They will working with the banks on both sides of the transaction to coordinate funds transfers, provide loan guarantees, and even pre-delivery workingcapital for you and post-delivery financing for your customer.
Nearly 17 percent of banking professionals surveyed said most businesses are seeking loans to free capital tied up in receivables, while another 40 percent said most loan applicants are looking to borrow for other workingcapital needs.