Menacing clouds have enveloped the market. Inflation persists, stocks are reeling, and some believe a recession looms. While these threats haven’t had a material impact on liquidity, and new business backlogs remain healthy, past downturns tell us economic uncertainty can have an inverse effect on the availability of capital. Alternatives, however, do exist for more complex credits that may not fit the mold for more traditional cash-flow based financing.
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