InvestorsHub Logo
Followers 0
Posts 555
Boards Moderated 0
Alias Born 10/25/2012

Re: B402 post# 84640

Wednesday, 11/14/2012 5:12:06 PM

Wednesday, November 14, 2012 5:12:06 PM

Post# of 160012
Of course. As we move forward we may still need outside funding. The cost of funds are directly related to how close your outstanding is to your authorized. By increasing the authorized we have expanded that cushion and put us in a position to obtain funds much cheaper then if we where close to our authorized.