Bank Financing of the Operating Cycle
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Any company, depending on its size and activity, generally faces three categories of cycles: operating, investing and financing. The operating cycle, which is closely linked to the activity of the company, is one of the most important. It generates a need, the working capital requirement. The book is about bank financing of the operating cycle. It will therefore consist of determining the main types of financing that companies have recourse to from banks to finance their operations. As such, it will go through a brief presentation on the concepts of operating cycle, working capital and working...
Any company, depending on its size and activity, generally faces three categories of cycles: operating, investing and financing. The operating cycle, which is closely linked to the activity of the company, is one of the most important. It generates a need, the working capital requirement. The book is about bank financing of the operating cycle. It will therefore consist of determining the main types of financing that companies have recourse to from banks to finance their operations. As such, it will go through a brief presentation on the concepts of operating cycle, working capital and working capital requirement. It will also review the assistance generally offered by banks in this context, and above all, those used by a brewing company, the subject of our study, to finance its activity.
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