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Why has not the company ever needed to seek bank financing

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Reference no: EM133179220

Can you please answer these questions as a few paragraph for each question below?

Thanks a lot.

  1. Growing Like a Weed is a lawn care business that needs funding to buy additional equipment in order to expand. Does it meet SBA criteria? Why or why not?
  2. Glamour Galore is a cosmetic company that pays sales commissions based on a system that depends upon salespeople recruiting additional salespeople. It needs funding to build a marketing campaign. Does it meet SBA criteria? Why or why not?
  3. Glory Days is a day care center for older adults operated by a local church. It needs funding to remodel the center's kitchen and install an elevator to make the building accessible to those in wheelchairs. Do they meet SBA criteria? Why or why not?
  4. What were the major financial challenges faced by Jason Macatangay when he became Vice-President of Finance at Threadless?
  5. Why is cash flow so important to a firm like Threadless?
  6. Why has not the company ever needed to seek bank financing?

Reference no: EM133179220

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