second stage capital

second stage capital definition - business

second stage capital

Funds provided for a relatively new but growing business that has insufficient cash flow to provide adequate working capital. Compare first stage capital.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.