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07-29-2017, 12:40 PM #8
- Join Date
- Dec 2014
- Location
- Quogue, NY
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- 1,108
Socalgav,
Even with the lengthy AR cycle, the $2M in inventory (depending on the velocity of turnover) and strong guarantor/balance sheet would be enough to qualify for straight bank debt. Can't say with any certainty the amount they would qualify for without knowing specifics.
RG
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