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Re: Dell_Griffith post# 114877

Thursday, 04/27/2017 9:07:29 AM

Thursday, April 27, 2017 9:07:29 AM

Post# of 232498
Just so everyone understands, increasing your line of credit doesn't mean you are going to borrow that money. We maintain a line of credit that we have not touched in years at our company. I do not know if they regularly tap their LOC or not. But to me, an increase in LOC means that they are taking on a large project for the company size and want to have sufficient liquidity available for any unforseen events.