Seasonal Working Capital [better] -

The bridge was built. The chasm yawned below, but she was crossing.

"You have signed agreements with FoodHub, correct?" he asked, sliding a single sheet of paper across his glass desk. seasonal working capital

Ninety days. That meant if she delivered cherries in July, she wouldn't get paid until October. No factoring company would touch a 90-day invoice without crushing fees. And no bank would lend against a contract that took a third of a year to pay out. The bridge was built

It required audited financials, two years of tax returns, and a personal guarantee. She had all three. Barely. Ninety days

"Start a reserve fund in the fall. Take the cash from your harvest and set aside 20% in a separate account. Don't touch it. Use it next spring instead of me. You'll lose the opportunity cost of that cash sitting idle for six months, but you'll gain control."