InvestorsHub Logo
Followers 0
Posts 422
Boards Moderated 0
Alias Born 02/12/2006

Re: arnold post# 38612

Monday, 08/14/2006 8:42:21 PM

Monday, August 14, 2006 8:42:21 PM

Post# of 64738
Arnold, the loan is a compensating balance arrangement with a lien on the equipment and, probably, with the personal signature of someone who will pay if the company doesn't. The possibility that someone would sign a note backing the company is a good sign; the fact that they didn't have $80K says more. By the way, how do you have such information which is usually held close to the vest? Take care.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.