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Suggestions > Loan suggestion

Loan suggestion (thread closed)

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95350.12 in reply to 95350.11
Date: 6/8/2009 1:46:01 PM
Overall Posts Rated:
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until they understand

This is a very vague statement. How do you propose you measure exactly when people understand the dangers? Some people will know from day 1, others will never fully understand.

they should only borrow if they really need to

...which, as has been said, is the $500k cushion that every team gets, for when they need it.

This Post:
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95350.13 in reply to 95350.11
Date: 6/8/2009 1:52:04 PM
Balls of Steel
IV.10
Overall Posts Rated:
123123

Is anyone, or very many people, agreeing with you? Going into debt is extremely dangerous. Budgeting cash is one of the important things a good manager should do. Before going out and buying alot of players, and building an arena that is too big, a wise manager will understand the cash flow and live within his means.
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We really dont have loans. Rather each team is extended a $500,000 Line of Credit.
as to those unexpected times when a loan is appropriate? a couple of your starters are injured for 2-3 weeks and you have no cash. maybe this would be a good time to draw against the line of credit and buy some average players. otherwise, debt is evil.

This Post:
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95350.14 in reply to 95350.13
Date: 6/9/2009 4:09:17 AM
Overall Posts Rated:
44
Okay, I lost, cause I can do everything here, but when all of the community is against suggestion, then BBs will not put it into game:( This thread can be closed.