|
General Asylum General audio topics that don't fit into specific categories. |
|
|
|
General Asylum General audio topics that don't fit into specific categories. |
|
In Reply to: RE: April 1st Update. . . posted by Alan Sircom on April 2, 2015 at 11:12:05:
New to this blog, not VPI's forum, if you follow them at all you would know all of this is common knowledge.
I also used to work in finance, so I understand loan criteria. Your gas light example was so naive and simplistic I wasn't going to respond to it, but it occurred to me that since you write about audio equipment for a living, maybe you do not understand finance or mfg.
If you did a start up company to make gaslights, you WOULD have trouble securing a loan; not because you mfr gaslights, but because you are a start up with no assets, sales history, cash flow or collateral. It wouldn't make any difference if you mfrd gaslights, solar panels or wind turbines. However, if you were an established company that made gaslights for 35 years and your numbers were in line, then you should have no problem getting a line of credit to expand production. Banks aren't run by the little guy on the Monopoly game board, they are run by people who work for a living and follow rules established by their governing boards and the regulatory agencies.
This post is made possible by the generous support of people like you and our sponsors:
Follow Ups
- RE: April 1st Update. . . - greenthumb1 11:29:07 04/02/15 (3)
- RE: April 1st Update. . . - Alan Sircom 13:00:28 04/02/15 (2)
- RE: April 1st Update. . . - greenthumb1 13:19:26 04/02/15 (1)
- RE: April 1st Update. . . - Alan Sircom 14:32:37 04/02/15 (0)
Top of Page ]
[ Contact Us ]
[ Support/Wish List ]
[ Copyright © 2024, Audio Asylum, all rights reserved ]
