October 8, 2018

National Food & Beverage Leader Louis Biscotti’s October column for Forbes focused on best practices for mature companies.

Forbes

By Louis Biscotti, Food and Beverage Services Leader

Related Industry Food & Beverage

National Food & Beverage Leader Louis Biscotti’s October column for Forbes focused on best practices for mature companies.

Excerpt:

Companies should only be using this line of credit for working capital needs and not long-term financing of equipment, facilities, or acquisitions. A term loan line of credit can be utilized for these needs. Be careful of loan covenants as they may be negotiated, since many banks are going “covenant lite” in these competitive times.

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Louis J. Biscotti

Louis J. Biscotti

Food and Beverage Services Leader

  • Assurance
  • Melville, NY