Ezoic
Madison looked at her father, waiting for him to answer for her.
He did.
“The company needed temporary liquidity.”
Then Graham came jogging out of the kitchen tent with his phone already in his hand, breathless.
“Our operating account’s been restricted,” he said. “Richard, the bank froze everything. Payroll goes out Tuesday.”
Ezoic
Richard grabbed Graham’s phone and called the bank’s emergency line. He demanded a manager. He threatened, loudly, in a parking lot full of his cousins, to move every account the company had to another bank.
The woman on the other end didn’t argue with him.
She simply told him that Cole Family Catering had violated the terms of its commercial credit agreement. That the personal guarantee behind it had been formally withdrawn. That the attempted transfer from my account was now under active investigation. And that the company would need to provide replacement collateral before any further funds could be released.