DFC are so meticulous in their assessment and approval process that once approved by them, LPD will have major credibility in the eyes of other lenders. I've mentioned a couple of times as well that the DFC do have a guarantor service. With that in mind how could they not guarantee further funding for us if they have approved us for their own funding. $50mil isn't a great deal of cash in the grand scheme of things but that approval does provide us a KEY to open the door on additional funding and the US market.
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Mkt cap ! $25.76M | |||
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