Looks like Experto Credite have passed the debt onto themselves.

I agree sparkie, but the problem is, where can I get one? most are rubbish regards

More like "We've only just begun" from the carpenters, rainy days and mondays regards

Its a good job all of your engines didn't go out, you would've been up there all day.

Hi Sparkie, My mrs (sunray major) says she will cook you a proper meal. regards

Now davey, why does that not surprise me.

PKelly, way 2 much pochine. Looks like Swift have still got a load of wiggle room. But You can only wiggle for so long? :-):-):-)

Hi SC check your message box regards

Mezzanine financing A hybrid of debt and equity financing that is is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies.

Hi Sparkie, Its been a while since I covered this stuff, not one of my strong points,and as you know I don't have a lot of time at the moment to spend on it, but what was their debenture secured on then?

I bumped into pkelly the other day. He was carrying a mirror, when all of a sudden he threw it down. I asked him what he did that for, he replied "No point in both of us carrying it" :)

Hi Sparkie, Mezzanine finance, is cheaper than equity financing and does not require the company to give up equity.

PKelly will need to be a leprechaun to use that blueberry thing. I got rid of mine, terrible. It was probably the touch screen.

Having read some of Pkelly and sparkies posts, Swift are probably still trying to work out if they are dealing with Laurel & Hardy or the Marx brothers. :):):)

OK, read em and weep boys. Bank: Barclay Sort **7289 acc #: ****5818