I can only assume the DW has very stringent lending criteria for SPX to abide by given the borrower types, and gather they will have a floating charge over the loan book at a minimum
@Warnie
Without any details - how can investors complete DD or any level of appropriate research on revenues, costs and profits ??
Looks like investors have to wait until end of October for next set of news 4C etc
Lending at 19% average to businesses would have very stringent lending criteria as you indicate
Almost 1/2 way through August - a revenues update or guidance would reassure investors lol
DYOR
Ann: Spenda secures $50m debt warehouse facility, page-435
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