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BillJay

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BillJay

Re: robtewms post# 20953

Monday, 09/17/2018 1:20:31 PM

Monday, September 17, 2018 1:20:31 PM

Post# of 31087
It's not hard, Johan Eliasch is clearly here to grow TMPS. When a bank issues a revolving line of credit, the bank has a blanket lien, meaning they have ties to receivables, inventory and commercial real estate, basically all the assets of the company. The note with Johan Eliasch is no different than any other commercial lending transaction. It's a great partnership.
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