Dittmar Associates, a small, woman-owned company specializing in aerospace and high-tech sectors, recently celebrated winning a $1.2 M contract - the largest in the company's 5-year history. But there was a catch. Banks wanted access to all the money up front in order to advance the company a loan to cover up front costs.
"Our bank has great folks working for it," said Mary Lynne Dittmar, President of Dittmar Associates. "But if we had the money upfront, we wouldn't need the loan to… Continue