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Re: gladeshawk post# 247843

Monday, 01/13/2014 12:24:43 PM

Monday, January 13, 2014 12:24:43 PM

Post# of 289420
Of course this loan rumor may be just that, a rumor. I do know a bit about getting business loans and I will say this.

If Weber did manage to obtain a 5 million dollar loan that means some sort of major background was done on Weber and Bebevco. I would assume a pretty thorough background, as 5 million dollars is not chump change. This would mean that the bank believes Bebevco is a viable company, and they have faith after seeing the numbers Weber can payback the loan. Business loans are a pain to get without proof of sales. In fact they are impossible nowadays. Of course now the loan thing is a rumor, but if true the pps will rise. No question about that. And if the loan story is true I will put more faith in the sales numbers put out by Weber. especially if the loan is through Bank Of America which is rumored.