Post by davee39 on Feb 9, 2014 11:59:42 GMT
FC claim the Credit Rating does not relate to the Grade they assign to the Loan.
There is a current Loan request for a 'B' rated company which has limited profitability and shareholders funds and a Credit Rating Flatlined at 15% for the last 12 Months. My unskilled interpretation is that the company is strapped for cash and they always pay their bills late. (the new loan is to replace costly factoring, and they are a current borrower). Are there other explanations?
There is a current Loan request for a 'B' rated company which has limited profitability and shareholders funds and a Credit Rating Flatlined at 15% for the last 12 Months. My unskilled interpretation is that the company is strapped for cash and they always pay their bills late. (the new loan is to replace costly factoring, and they are a current borrower). Are there other explanations?
