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Avon Financial Firm Provides Business Expansion Capital (Hartford Courant)

By on , In the News

When you haven’t saved up enough profits over the years to put your business expansion plan into action, how do you get the money?

Business owners can borrow from a bank, but banks are reluctant to lend more than two times the free cash flow, which is earnings minus the working capital needed to stay at the current level of operations. What if you need three years’ worth of free cash to fulfill your ambitions?

That’s where Ironwood Capital steps in.

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