She said now they’re having things appraised. Is this a bad sign?
In: Other
Time to jump ship; they have exhausted their ability to borrow money; this means that the company can’t make enough money to operate and make the monthly loan payments. Having their things appraised is a desperate measure to see if they have enough collateral to borrow more money. Unfortunately, “things” depreciate with time unless it’s property or natural minerals.
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