Ok to move away from individuals,
I have a concern to discuss.
Is there any danger of the debt warehouse coming in under 100 million given the current climate. AF has said multiple of 10-20 based on our current reserves which puts it comfortably in the 100 million range. I wonder if things have changed and this isn't a guarantee. Does anyone have any experience around how these business start off. My assumption is that Cro is doing a fairly good job demonstrating it's capacity to handle 10 million, so in a normal non pandemic world, this might be a guarantee, but given things have gone to shit in the world, can we assume it's going to then bounce to 100 million. or will we start off with 25mill or 50 mill. That's my worry at the moment. A lot of people are saying just wait for 100 million debt warehouse. Thoughts?
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