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What is ALAC International about?

ALAC International is seeking funding options to finance an expansion of its imports of chemicals from Asia to the US. It currently imports around 12,000 metric tons annually but aims to increase this to 24,000 metric tons. ALAC has utilized short term loans from friends and investors at around 13% interest but needs a more formal credit line to fund increased working capital needs. Analysis shows ALAC would need $18 million in funding over 4 months to support increased shipments of 2,000 metric tons per mo

Author

varunjains

Language

EN