She said now they’re having things appraised. Is this a bad sign?
In: Other
The credit line is the amount of money that the business is allowed to borrow from the banks. They do a lot of math with a lot of variables to figure out what that amount is. In essence, it is the maximum amount of money that the bank is willing to risk lending to you or a business.
If they’re at the edge of that amount, and need more, then that’s not good
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