CXM 5.26% 4.0¢ centrex limited

That's not how serviceability works, otherwise every start up...

  1. 849 Posts.
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    That's not how serviceability works, otherwise every start up would get a loan on future projections. They are interested in the cashflow from current run rate i.e. 240kt pa

    Security - Inventory is a liquid asset. A constructed drying pad is also an asset, but what would a lender do with such security if it needs to recover debt. That's why they are going for liquid assets as security i.e. machinery and inventory
    Last edited by Happ: 30/01/24
 
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