Nine Brands, One Vision: Insights from Building a Holding Co. with Kelcey Lehrich
eComFuel
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The Impact of Interest Rates on the Business Model
Interest rates have gone from zero to five ish percent interest rates over the course of a year or so. Andrew: "It hasn't made a gigantic impact at least but I can notice as an operator or leader looking at financial statements like yes there's more interest expense" He says he has always had personally guaranteed debt kick further does require a personal guarantee so that's never been a problem for us to layer that on. The company will be paying off one of the last tranches next month which we're excited about and we should actually be in a really strong balance sheet just globally even what the raison and rates are.
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