Accepting Ferraris as collateral
Sep 29, 2021
2 minutes
By Timothy Rangongo
most entrepreneurs operate in capital-intensive industries where cash flow could get very tight, prompting a need for pressure releases in the working capital cycle. That is how Lamna Financial, a speciality finance company, got into the business of short-term, asset-backed transactions about eight years ago.
“To give that release of cash flow pressure for a short period of time in this little niche
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