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SoWal Insider
Jun 13, 2005
FYI JOE has acquired a $100M LOC with BB&T, yet unused.
Think of it as a black Centurion AMEX card you tossed into your sock drawer in case of short term need. Bridge financing of sorts.

...or to use if you can't generate enough revenue in the month to keep the lights on or pay yourself a salary.

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