I agree with Richard's analysis.
We may be more helpful with just a bit more information.
What other debt does. the company have, what will the money be used for and will they need additional funds within the next year?
The company may benefit from replacing all the debt they have.
I would generally exclude the trucks because financing available through the dealers is generally inexpensive.
Bob Shaw
rshaw@advancecredit.com
734-928-3800