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Post# of 186029
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Drewbadour

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Drewbadour

Re: None

Friday, 08/02/2019 1:41:31 PM

Friday, August 02, 2019 1:41:31 PM

Post# of 186029
A revolving credit line is different than a regular loan, because it is open ended and makes credit available again as the invoices close or BOL come in. So the company gets access to new funds on a "revolving" basis.


A $500,000 loan would be done when its face amount is used but the revolving line will restore and eventually lead to millions of dollars of borrowing power

VRUS getting very close IMO



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