Tuesday, January 22, 2019 11:07:32 AM
Any real business man knows to not spend all your cash... Some time it just make sense not to pay off debt and use the cash that can be used in acquisitions to make more Revenues or kept in the bank to show banks that your financial strong for other future loans. $250k is friggin Peanuts and they have already stated in their business plans it will be paid off within 3 years.
Serious....even most of the largest companies in the world will have loans on projects even if they had cash to pay 100% of the deal... Once it give the company leverage and the loan can be a tax write off. I know some very large companies that even rents all of their office equipment and furniture in their multi location operation because its 100% write on now instead of using depreciated value over time.
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