Cash flow financing is a form of financing in which a loan made to a company is backed by the company's expected cash flows. Learn more about how it works.
Software spend is becoming a prime target for cuts as it grows into a larger line item in enterprises’ budgets. According to one recent report, customers are putting 53% more toward software-as-a-service (SaaS) licensing compared to five years ago. Management has come down aggressively; 57% of IT teams told Workato in a 2022 poll that they’re under pressure to significantly reduce software spend at their organizations. Cutting software spend is a task that’s easier said than done in companies where teams and even entire divisions rely on ...
Dwindling cash reserves caused launch vehicle and spacecraft propulsion company Astra Space to default on a loan at the end of October.
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money will now be made available in this second round of loans, she said. When asked whether Chembio will return the nearly $3 million loan, Page says the company "will monitor the situation."
the cash. The companies said that the Paycheck Protection Program loans have allowed them to... the loan to meet that need.” The company comments came a day after the Treasury Department...