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Boat Financing News

Out Of Fashion, But Share Loan Deals Survive

Monday December 15, 2003
Like Culture Club, The Love Boat, leg warmers and cashbox companies, corporate loans for executives to load up on stock were products of the '80s. Enabling business leaders to buy and hold shares theoretically aligned their interests with those of shareholders. The loans were often tailored at terms more favourable than what the banks offered.