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Ford Is Using Its Cash Hoard to Pay Some Suppliers Early

Ford Is Using Its Cash Hoard to Pay Some Suppliers Early

Ford Motor Company (NYSE: F) is helping out some cash-strapped suppliers by paying its bills early. Ford has created a new early payment program intended to ensure that cash-strapped parts makers have access to cash flow and working capital as they restart production. Ford restarted most of its U.S. factories on Monday after a two-month shutdown amid the coronavirus pandemic.