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    Why wouldn't a public limited company negotiatie a $400 loan from its bankers?

    Question #72791. Asked by kaung30. (Nov 30 06 1:09 AM)


    Baloo55th

    		Because if it's a public limited company and it needs a $400 loan, its bankers aren't going to be very happy. A $400,000 loan, now that's easy to get. Let's face it, where CAN you get a $400 loan? Banks won't want to lend $400 to an individual, but a company stands no chance. It's too low. If you haven't got $400 to keep going, you're in a sticky position. You're struggling to survive, and banks won't help you struggle. They'll help you expand, or go bust in spectacular fashion, but not struggle along. $400 only can be got from a loan shark type of operator.

    Nov 30 06, 4:24 PM

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