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Our view: Businesses need lending pool to recover from fire

By   /   Friday, December 22nd, 2017  /   Comments Off on Our view: Businesses need lending pool to recover from fire

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As dozens of retailers and restaurants attempt to reset after the Thomas fire, a major cash crunch looms. Many have pledged receivables to fund current operations, others have used credit cards, still others have used alternatives that give them instant cash from credit card swipes to pay for raw materials and personnel. In each of…

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