Agree bar!!! Another loan for a corp who is revenue corryupted already with massive loan commitments and overleveraged previous lines/debt, yet get another line wiyh interest... How you gonna pay for that unless your revenues are strongly positive to oversee costs, fees, interest from banks/lenders???
This is what pissses me off with today's "banks" as they do this for bad run corps, yet give the average decent consumer the 3rd degree all the time or small business people who they rarely loan to to help expand those smaller bizzes which can and do create jobs and revenues in local economies...?
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.