The PIK line is the one any lender reads first. When the interest gets added to the loan instead of paid, the business has already given you the answer. Same rule at small business level: if it can't pay from its own cash, the debt is just buying time.
Good read.
The PIK line is the one any lender reads first. When the interest gets added to the loan instead of paid, the business has already given you the answer. Same rule at small business level: if it can't pay from its own cash, the debt is just buying time.
Masterclass in talking your own book
appreciate this analysis and the insights
Good read
Nice