Quote:
Originally Posted by GG Allin
'til what point? At some point the company must stand alone.
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not sure but I have clients clearing $1m a year on $6mil in sales through their business and they still personally guarantee every loan they take.
I suspect its like how rich do you have to be as a fat guy to land a hot wife. at some point the up side is so attractive (to the bank or hot chick) the rules for regular people stop applying. certainly public co's don't have officers and the like guaranteeing debt.