Today's Hard|Forum Post
Today's Hard|Forum Post

Friday May 22, 2015

Uber Seeking $1B Line Of Credit

Uber is shopping around for a $1 billion line of credit? That's craziness. Imagine what you could do with a line of credit a tenth of that size. big grin

Car-hailing service Uber is taking a step toward an initial public offering, a new report claims. Uber has been meeting with banks to raise a $1 billion line of credit, the Wall Street Journal reported Friday, citing people who claim to have knowledge of its plans.