RE: An honest question5 Jul 2023 20:58
If you think about it logically. It is in the interest of the Financier to offer a poor deal (Good deal for them / not so for Copl) because re Copl, if they believe in the Asset (And I believe they absolutely do) then on extortionate rates ie : Way above Base level Interest Rate / then if Copl fail to Service that debt / then the Asset remains and Financier gets it.
Art is the middle man. No one puts his arm up his back to sign on the dotted do they ?
SH is the useable liquidity. It’s all a game. But the Asset always remains. It’s always a battle re who owns it.