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Technology Stocks : NTN Communications, worth 185 million?
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To: dwight vickers who wrote (2898)9/21/1999 9:19:00 PM
From: Rich Genik  Read Replies (1) of 2985
 
Hey D,
Secured receivables are a method to build credit. CBC seems to only lend on such secured terms. They originate loans to mid-caps in amounts from $1M to $30M, and can syndicate larger amounts. They concentrate on high-tech firms that have significant growth potential. I'm sure that the rates aren't prime+1/4%, but it can't be 25% either, or the loanees would be crushed quickly from the interest. If it turns out to be less than 10%, I'll be happy. Something over 15% and I'll start to be concerned.

Cheers,

Rich
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