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Leveraging Lines of Credit for CPG Businesses
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Hey ,
Running a Consumer Packaged Goods (CPG) business demands substantial working capital to sustain inventory and daily operations. However, in a landscape where cash often gets tied up in existing inventory or accounts receivables, strategically harnessing lines of credit becomes a pivotal resource for sustainable growth. In this article, we will delve into what lines of credit are, when and how to utilize them effectively, and the steps to secure one for your CPG business.
Jordan Buckner
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