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another question...

how much working capital do I need when taking over a business..how many times the monthly expenses?

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Biz2Credit LLC
New York County, NY

Kyu,

Normally one should haev reserves for 6 months to 1 yr. to be on a safe side. We at Biz2Credit (www.biz2credit.com) help a large no. of businesses to raise working capital lines. Register for free and chose the case manager option to get the best options and ability to walk you through the whole process.

Aug 2, 2010
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Corporate Financiers
President

Depends on the business. I arrange financing for businesses nationwide. I have previously worked in banking at Merrill Lynch and I have a business/accounting degree from the U. of MI and Northwestern U. My service to the borrower is no cost, no obligation. In addition to arranging financing, I offer insight including helping with the projections, capital structure, etc (thus including answering your questions, "how much working capital".

Todd - 312-488-3505

Aug 2, 2010

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