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Question is how to proceed with regards to debt to furnish this year's operations. Current interest rates for a company with a credit rating C-
Question is how to proceed with regards to debt to furnish this year's operations.
Current interest rates for a company with a credit rating C- 12.7%.
The potential for our company to result in an automatic overdraft loan is 12.7% interest.
1. Should we make an Early Repayment of our present loans. (See attached Balance Sheet)
How would you proceed?
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