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Your customers have access to cheap money. That's what you've been experiencing. Your customers have access to cheap money. They buy equipment from you. They hope the increase in production will cover the debt.
Your LOC rate going up makes no sense. I've never had an LOC rate go up, Fed rates increase or otherwise. And interest rates are at an all time low. You may want to use another bank.
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Tru6 Restoration & Design
Last edited by Shaun @ Tru6; 03-09-2020 at 12:08 PM..
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