Finance update

The finance on the three small units is almost in place. What a cocktail it is! But it is not the size of the units that is the problem.

Normally I keep myself “ready to borrow”. Tax returns up-to-date, company trading accounts ready and stuff like that. Because I took Bookaburra over in July, none of that is ready. It was deliberately kept “open” to facilitate the asset purchase.

Then I found a deal too good to pass up. I wasn’t ready to finance. Hence all the hoops I had to jump through. I expect the finance to be unconditionally approved in three steps by Tuesday.

I’ll let you know the details once it’s in place.

Leave a Reply

Your email address will not be published. Required fields are marked *