Lenders' Views on CapexSubscribe
Do lenders view all capex intense busineses negatively? What determines perceptions? IS a business with low maintenance capex and high growth capex non-desirable? what if capex is non deferrable.. and needs to be incurred..does it increse the risk that lender wont get paid? I am confused...because in a low growth, fragmented industry – growth capex can be a source of increased EBITDA and elevated multiples, thus ensuring that lenders get paid
what am i missing?