otag #9276

The loan type says “Supply Chain Insured”, however the description says the loan is for stock, cashflow and working capital. Can you explain the insurance aspect if the loan is not entirely used for stock purchases, eg some of the loan is used for just “cashflow”? Could part of this loan be used for intangible business costs not covered by insurance?

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leotyndall #9277

Otag,

The facility can only be used for supply chain purchases, clearly by providing credit for the 90 days it improves the cashflow of the borrower’s business.

Thank you

Marketlend

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leotyndall #9278

Otag,

The facility can only be used for supply chain purchases, clearly by providing credit for the 90 days it improves the cashflow of the borrower’s business.

Thank you

Marketlend

Reply

leotyndall #9279

Otag,

The facility can only be used for supply chain purchases, clearly by providing credit for the 90 days it improves the cashflow of the borrower’s business.

Thank you

Marketlend

Reply

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