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Why are banks so generous in granting unsecured loans to big businesses?
31-01-2022, 07:45 AM
Before pandemic the company cash flow was quite good.
It was not super strong but investible.
If not for the pandemic it would have been able to service it's loans.
Banks I believe they lend based on credit rating at that time so the interest is higher than a secured loan.
It was not super strong but investible.
If not for the pandemic it would have been able to service it's loans.
Banks I believe they lend based on credit rating at that time so the interest is higher than a secured loan.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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