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“Zombie” companies haunt lenders

  • August 01, 2011
  • “Zombie” companies (businesses with low or no profitability that are unable to generate sufficient cash flow to repay borrowings) are an increasing problem to lenders, who are taking longer to agree acceptable solutions for such cases. According to latest research from KPMG, Zombie businesses are largely in the SME group and two years’ ago, a [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/08/01/zombie-companies-haunt-lenders/
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