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Re: Rdy2go post# 451472

Friday, 03/02/2018 10:04:04 AM

Friday, March 02, 2018 10:04:04 AM

Post# of 793674
How do annual draws help? If at the end of 2017 they made a year-end payment in December - wouldn't we be in exactly the same place as we are now?

Assuming the need for a draw just lasts one quarter - the need for one is reduced by 75%, but I don't see the need going away.





IMO. The problem of needing another draw goes away by changing quarterly sweep payments to annual sweep payments.