We're predominantly a contract manufacturer, that requires a...

We're predominantly a contract manufacturer, that requires a fair amount of capital initially to gain economies of scale, improve margins and fulfil ever growing contracts and new orders.

Obviously it would be advantageous to do this out of profits, but right now that's not an option.The next best thing for us is to fund this growth through cheap debt right now. Taking the 20% margin of a large deal financed by the loan is much better than turning down the contract due to timings/lack of funds. It is how we achieve profitability faster alongside growing revenue and margins from our in-house brands.