DEL 1.15% 8.8¢ delorean corporation limited

Small business looking for lots of debt = weak negotiating...

  1. MJS
    2,276 Posts.
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    Small business looking for lots of debt = weak negotiating position for DEL.
    Personally, I don't have too high hopes that any finance facility will be on great T&C. In fact, without clearer detail of the cash requirements over the coming year I still see it possible this business is reasonably under capitalized based.

    Meaning? Hopefully I'm wrong and hopefully they get decent terms. However from my understanding of debt markets I'm not that confident and whatever they achieve won't come cheap.

 
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