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Danny_Ocean Danny_Ocean is offline
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Join Date: Aug 2006
Location: SoFLA
Posts: 5,536
Quote:
Originally posted by Dantilla
In any small corporation, to get a loan the principals will still need to sign a personal guarentee.
+1 I had to sign a UCC financing statement, giving the lender a lien on my business assets in order to secure financing for a warehouse (in addition to a promissory note).

Sorry...there still is no free lunch.
Old 01-18-2007, 08:33 PM
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