Post-close working capital LOC

August 02, 2021
by a searcher from Pennsylvania State University in Atlanta, GA, USA
Does anyone have experience getting working capital lines-of-credit post-close in situations where their SBA bank didn't offer this? If not, does anyone have other solutions for bridging immediate post-close cash constraints (lots of expenses due prior to new AR converting to cash)?
from Massachusetts Institute of Technology in Newport, RI, USA