Progressive Care Inc (RXMD): They do have enough to sustain the busin...

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Progressive Care Inc (RXMD)

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Re: StockHobit post# 46938

Tuesday, 08/02/2016 1:27:10 PM

Tuesday, August 02, 2016 1:27:10 PM

They do have enough to sustain the business, but a loan helps to expand it quicker than with profits alone. A small amount of debt is actually healthy. If you are confident that you can earn more than the interest rate on a loan, then why wouldn't you take it out. And usually the interest is tax deductible.

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