As we know Commercial Paper is a written instrument or document such as a check, draft, promissory note, or a certificate of deposit, that manifests

As we know Commercial Paper is a written instrument or document such as a check, draft, promissory note, or a certificate of deposit, that manifests the pledge or duty of one individual to pay money to another. In a nutshell they are unsecured IOU's (I owe you).

So how might a firm use the issuance of commercial paper as a way to deal with its seasonal fluctuations in sales?