Posted 2/15/2024 09:17 (#10624276 - in reply to #10624121) Subject: RE: Operating Credit As Percentage Of gross Income
EC SoDak
I can see a few scenarios where it could be true. Ie, starting very small, slow growth, trade labor for equipment/inouts, came in later in life with savings, etc. I could see some saying they didn’t have an LOC but in reality it just meant their parents/family were essentially their LOC. lots of variables I suppose. I know I definitely use and need a LOC.