Lender Financing: It’s a Balancing Act
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Erik Cagle
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One common phrase that has been repeated by chief executives, particularly financial officers, during the Great Recession of 2008-2010 sounds a little something like, "We were about to pull the trigger on that press purchase until the economy went sour. Boy, am I glad I held off."
This, of course, has been bad news for manufacturers of such big-ticket items. But, what about the financial institutions that help make these acquisitions a reality? Are they glad that you, the printer, are not in over your head on a piece of machinery with too much capacity and not enough ROI? That goes without saying.
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Erik Cagle
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