Posted 9/25/2021 20:01 (#9238383 - in reply to #9237839) Subject: RE: Creation of working capital
Glasgow, Ky
Didn't read most of the other replies so forgive me if I repeat something alresdy said. If you usually pay your LOC off during the year refinancing would result in paying interest on that money year around vs no interest when the LOC is at zero.
Short term debt on equipment is not good for WC.
Creation of working capital
