Track Concealers Company Ltd. produced valances to cover the paths above bi-fold doors. When the firm received a large order from American building retailer, the owner needed to ensure capital quickly in order to fund the creation commitment.
The owner was not comfortable with this arrangement, although he was able to get the needed financial backing through his family. He was decided to get independent short term and long term capital within six months for his business.
Publication Date: 03/12/2002
This is just an excerpt. This case is about Finance