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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Neeka who wrote (17328)	5/8/2009 6:19:00 PM
From: The Reaper	Read Replies (1) \| Respond to of 50509

I had a seasonal business for 15 years until I sold it at the end of 2007 because I saw what was coming. I used credit lines all the time for money management during the ups and downs centered around holidays for advance purchases of inventory and late receivables while my customers gathered their receivables as well. Heck even the U.S. Navy was late paying sometimes. I was a wholesaler and margins were very thin so I guess it just depends on what kind of business you're in.