Cash Management in Corporations
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Cash Management in Corporations
Corporations continuously transfer money to and from the owner. This results in quick changes in cash levels, many questions to us, bankruptcies and also allows room for misuse of corporate loans.
To stabilize the cash situation in corporations, combined with their larger size and need for more cash, we have now made several changes.
Corporations will not transfer cash out, or allow any cash transfer out of the corporation unless the cash level is higher than 80B. Loan requests by corporations will be possible if the corporation cash position, including loans already requested will be lower than 20B.
These changes will reduce bankruptcies, and prevent fraud that has been going on for quite some time with misuse of corporate loans.
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