“The underlying profitability of the business has been adversely affected by increasing mine costs and increasing borrowing costs.”
Tony Palmer
“In our industry, more borrowing means we are making more money and growing, ... Our business is simple: We borrow money from banks at approximately 7 percent and loan that money out to our customers at a much higher rate. So our bank debt only goes up when consumer demand for our loans goes up.”
Dave Davis
“Neither a borrower, nor a lender be; for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.”
William Shakespeare
“If you would know the value of money, go and try to borrow some; for he that goes a- borrowing goes a-sorrowing”
Benjamin Franklin
“Public business-related sectors such as utilities are the most negatively influenced by interest rates because their borrowing is very high.”
Masaki Iso
“By extending loans to the SME industry, it will create a beneficial cycle in the economy and eventually the one who gives out the loan will benefit.”
Zeng Han Jun
“I started this business by borrowing $18,000 on my credit card and cashing in my retirement in 1993. Nobody gave me anything.”
Robert Terone
