Raise capital by working in tandem

Highly-leveraged American companies can form strategic alliances or joint ventures with foreign corporations as an alternative means of raising capital and sustaining growth. The overseas partner, usually Japanese or European, serves as an instrument for financial as well as technological enhancement for the US firm. Demand is high for pharmaceuticals, medical technology, health care, and environmental services industries. Partnerships usually involve established foreign corporations that wish to expand their US distribution or desire to avail of industrial or technological expertise. These alliances usually produce lower-than-expected returns. Commitment is integral to the success of the partnership since a deal could take from six months to a year to close.
Companies that need capital and want to grow, but already are leveraged to the max, have options other than selling equity; they may want to consider a strategic alliance or [...]