Lending Restaurants
For a business like restaurants chains do you support to give a RLOC facility to that borrower
For a business like restaurants chains do you support to give a RLOC facility to that borrower
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Depends, if you’re financing expansion likely support. If you want to sustain Healthy WC and you’re cash flowing then A revolver is appropriate. Inventory turnover is quick in restaurants (hopefully) which would likely be a key metric when determining the creditworthiness of a borrower.
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