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Stinson Dean - Talking Lumber

The Business Brew

00:00

How Much Is Your Advance Rate?

"I would think it would be closer to 85 of liquidation value or 60 % a cost, something like that," he says. "Very few businesses can carry their customer for 30 plus days when your main product just quadrupled in price and ho got this huge inventory at this high price" He adds: "It's everyone has to pay in ten days ecause everyone's starving for cash."

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