Allot of time company look for external borrowing to fund working capital. But with current economic this will be a challenge. Company need to raise cash organically to fund their working capital. This require allot of skills in holding customer accountable to AR Term, Increase Inventory Turn and challenging your vendor for better credit term.
My advice – If you are in service sector make sure you delivery and bill or service faster. This will reduce the turn around time and free up working capital.
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