When the Banker Says No

Despite the positive trend in the stock market and many businesses claiming recovery from the recent global financial crisis, banks remain firm on their policies – no loan until the bad ones have been cleared off. This means that companies, big and small, are now forced to find new sources of funds if they want to continue doing business.A corporation may opt to raise capital through one of the following: initial public offerings or IPOs, issuance of bonds, borrowings from financial institutions...