In our industry, more borrowing means we are making more money and growing, ... Our business is simple: We borrow money from banks at approximately 7 percent and loan that money out to our customers at a much higher rate. So our bank debt only goes up when consumer demand for our loans goes up.

Dave Davis

Borrow Borrowing Business Growing Industry Means Money Simple

Related Quotes

If you would know the value of money, go and try to borrow some; for he that goes a- borrowing goes a-sorrowing

— Benjamin Franklin

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The underlying profitability of the business has been adversely affected by increasing mine costs and increasing borrowing costs.

— Tony Palmer

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One of the reasons we had the housing market surging ahead was because of the low cost of borrowing money. With mortgage interests rates going up there is some concern some people will be priced out of the market, which in turn will reduce demand for housing ... That leads to lower prices.

They're going to be borrowing more money at the shorter part of the yield curve. Is that going to push short-term rates higher? It's pretty fair to say that's going to happen.

— Bill Hornbarger

Before borrowing money from a friend it's best to decide which you need most.