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Possibly longer than some stocks against which rich people take loans. Much stupider things have happened in the credit market. Also, the Reuters article says
by H8crilA 3y ago
Possibly longer than some stocks against which rich people take loans. Much stupider things have happened in the credit market.
Also, the Reuters article says that they have a depreciation schedule built into the contact. Compute hardware can depreciate pretty quickly, if I remember correctly major tech companies have around 3 years planned for the depreciation.
- dmoy 3y ago> if I remember correctly major tech companies have around 3 years planned for the depreciation. Historically yea, though now I think it's being stretched to 5+ years as they see hardware last longer in production (but you're atiop correct, it's very quickly relative to a lot of other loan collateral, still a short term deal even if it's 7 years)