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05-02-2024, 09:44 AM #1
A second position on seasonal business is the worst option with high factor rates and daily payments. I realize that is the mindset of most here but please consider looking at options that an offer monthly payments at much lower rates and payments.
Cash out on equipment....maybe 20% and 3 years+ (fund in a week)
Hard money real estate 1% a month interest only.
Personal loan might be 12% monthly payment.
As Elon mentoned A/R aging financing, cash from contracts are also better choice options.Last edited by Olderguy; 05-02-2024 at 10:23 AM.
Steve Benjamin
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