Reply To: Financial position of business

1. The legal expenses were high due to a departure of a director. This is not likely to be ongoing.
2. we will ask the borrower to respond
3. we are advised that this is the case, they have sufficient cashflow and as we hold the invoices that we
buy we can withdraw the money from those invoices upon payment
4. the working capital is to be used to fill work orders by buying more equipment, and putting on more
staff. We will ask the borrower to add more information

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