BPP babylon pump & power limited

The rental equipment business can grow very fast but requires...

  1. 4,904 Posts.
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    The rental equipment business can grow very fast but requires the continuous purchase of equipment. This funding will allow for rapid expansion.

    I am wondering why they don't secure unlimited finance from a major lender at a lower interest rate using the equipment as security & rental contracts to service the loan? After a few years the equipment will be owned outright.
 
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Last trade - 16.21pm 23/07/2025 (20 minute delay) ?
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