The New CFO Financial Leadership Manual (Wiley Corporate F&A) by Bragg Steven M

Author:Bragg, Steven M. [Bragg, Steven M.]
Language: eng
Format: mobi
Publisher: Wiley
Published: 2010-11-04T16:00:00+00:00

The best types of debt financing by far involve the reduction of a company's working capital needs through internal management and process-oriented streamlining techniques, thereby reducing or eliminating the need for any financing. Once this approach has been maximized, a company that properly forecasts its cash needs and then makes long-range plans for the procurement of financing in the required amounts will be in a much better position to obtain the lowest-cost financing, as opposed to those organizations that must scramble for funding at the last minute.

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