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And we're finding that the loans are being conservatively underwritten.
She noted, though, that the loans can be complicated.
Senior management's primary concern was that the loans it originated could be sold to Wall Street.
Both told The Times that the loans started before the questions arose about Salcedo's age.
As part of that process, they vouched that the loans met certain, agreed-upon standards.
Nando's said that the loans were the most efficient way to accelerate its growth in Britain.
The company admitted that the loans had not fallen within the conditions required by the borrower.
Mr. Hecht agreed that the loans were something of "a marketing gimmick".
Bond analysts, however, estimate that the loans could be as high as $2.8 billion.
The plants that the loans will help employ about 35,000 engineering and factory-level employees.
The groups argue that the loans take advantage of cash-strapped consumers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com