4 ms·
McDonalds also refinanced that real estate after opening the store, to build up liquidity for the next location.
by winkeltripel 3y ago
McDonalds also refinanced that real estate after opening the store, to build up liquidity for the next location.
- dylan604 3y agoAt this point, isn't GE a financial company more than an engineering/electrics company?
- throwaway2037 3y agoThat was true until the Global Financial Crisis in 2008. Now, they use their finance arm to help customers finance very large purchases. This is common in heavy industry.
- dylan604 3y agoIsn't that precisely how it started? Then, they realized they had so much they could open that financing to more than just large industrial clients. Did they just scale it back to their original intent?