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bman007

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bman007

Re: kermit42 post# 119783

Tuesday, 01/08/2008 9:39:42 AM

Tuesday, January 08, 2008 9:39:42 AM

Post# of 246502
No, I'm NOT incorrect. It is like a credit card in that the money sits in the account and interest is not charged until it is drwan down and used. Have you ever worked one of these loans? I have!!! Yes, it is secured as ALL inventory line of credits are. Business 101 classes needed?
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