Tempus Applied Solutions Holdings Inc fka TMPS

[BillJay]

For working capital and to make sure they have plenty of dry powder on hand. Most companies have a revolving line of credit or working capital line for core business purposes. However, many companies try and stick to operating cash flow and will not tap their "revolver" or line until they absolutely have to. Same concept here, just a different financing tool or structure that TMPS is utilizing.