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Stephanie Bice: “The line of credit had been exhausted and we had no cash…”

Featuring: Stephanie Bice, Republican | U.S. House Oklahoma, District 5

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Conversations with Candidates: State Sen. Stephanie Bice

Published | Video Starts at 09:14

And I said, what's that? And he said, well, our controller at the time had been using the line of credit to essentially pay operating expenses for the business, and The line of credit had been exhausted and we had no cash flow. And he said, I need you to take over the finances while I figure out how we're going to get out of this. And I said, hey, dad, I'm a marketing major, you know. (09:14–09:18)

CLAIM

Asserts that her father's company had exhausted its line of credit and had no cash flow.

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