Manufacturers with this type of seasonality often require a working capital loan to pay wages and other operating costs during the quiet fourth quarter. As a general rule, the loan is repaid until the company reaches its working season and no longer needs financing. 9.3 If Part A wishes to extend the loan, it submits a written application and written notice from the guarantors who continually argued over the guarantee 30 days before the contract expired. The term of the loan is extended only if Part A agrees to extend the loan after review and to execute a renewal agreement. The loan agreement remains in effect before the parties are executed in the renewal agreement. While Part A requests a Part B loan for the purchase of Apple Series products and Part B agrees to grant a loan to Part A, this agreement is made by mutual agreement between the contracting parties in accordance with the relevant laws and regulations: since 2007, OnDeck has delivered billions to small contractors to purchase the inventory. , use business opportunities, deal with emergencies, repair equipment and other working capital requirements. Click HERE to apply for an OnDeck loan. With respect to the medium-term labour loan granted by Bank of China Limited, Zhenjiang Jingkou Sub-branch (“BOC”) to Aleris Aluminum (Zhenjiang) Co., Ltd. (“Aleris”), both parties agree on this point: the definition of working capital that your accountant would likely share with you is: Labour capital – Current Assets – Liabilities. It is not enough to have money in the bank at the end of the month. Your current assets consist of bank liquidity, current receivables and inventory. Your commitments are defined as your current commitments and all the long-term commitments (think small business credits, lines of credit, etc.) that your business may have.

If you divide the value of your short-term liabilities into your current assets, you will have a ratio of assets to liabilities – the goal should be to draw for twice as many assets as you have liabilities (or a ratio of 2:1). All that is below a ratio of 1 to 1 is a huge red flag that you have with negative working capital, even if you have money in the bank at the end of the month. 12.2 If the payment or repayment date is not a bank work day during the execution of the contract, it is carried over to the next bank work day. In accordance with the laws and regulations in force in the People`s Republic of China (PRC), the borrower and the lender enter into a short-term loan (the “loan”), at the request of the borrower to the lender, for the purpose of the loan covered in point 2.1. 5.2 In the case of a provision relating to the source of capital of the contracting party, as in all other contracts where Part A is a party, the provision does not relate to the performance of the obligation to repay the contract. In any event, Part A will not invoke Section 5.1 to refuse to perform the repayment obligation under that contracting party. THIS WORK CAPITAL ACCORD established as of April 1, 2012 by and between POSTAL CAPITAL FUNDING LLC, a private capital finance company, with an office located at 6725 NW 122nd Ave, Parkland, Florida 33076 (hereafter referred to as “PCF” or “Secured Party”), CHDT CORPORATION, a Florida company that sits at its principal. , Deerfield Beach, Florida 33442 (`Borrower` or `Debtor`), CHDT CORPORATION, a Florida-based company with offices in 350 Jim Moran Blvd., Deerfield Beach, Florida 33442 (the ” GuarantorEntity”).