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Roseglen, North Dakota | There's about 1% of necessary info given to be even close to answering the question. Way too vague.
If its that bad , no banker wd even make the loan.
To make a loan, bankers want:
Equity
Cash flow
And please don't say,
He's in so far they have to.stick with him.
If you don't have equity AND cash flow its liquidation time.
And please don't say " young dumb banker" either.
Banks have loan committees.
And banks have examiners.
It has to fly with them too. | |
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Interest on operating debt