Originally Posted by
NutLoose
but it’s not Richard Branson that he is borrowing a loan for, its Virgin Airlines The company that does pay taxes in the U.K. and it is a Loan did you understand that, a LOAN that will be repaid , imagine going to the bank and asking for a mortgage and them demanding 1/4 of your house for it..
I totally agree with X-ray One.
Well I admire your optimism that Virgin will never go bust, given the state of the industry its not a view I would ever share tbh. As regards your comment about demanding your house - I would just point out that many businesses have to put up collateral to get finance, happens every day.