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Date: Nov 13, 2023 @ 05:00 PM

Amid rising economic uncertainty, supply chain disruption, inflation, and labor-related challenges, finding the capital to fund consistent growth and innovation requires companies to take a more sustainable approach to financing. After all, market turbulence drives businesses to mitigate risks and seek cost efficiencies, but it also creates surprising opportunities for advancement. To take advantage, however, firms need to be strategic about how they use their working capital.

Thriving in a tumultuous business environment requires a skilled eye for risk management, notes a Deloitte report, as well as some unconventional thinking and calculated risk-taking. Having the right financing options and cash positions in place before they’re needed can give businesses the agility they require to successfully invest in the future – as well as room to pivot wisely as needed.

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