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Message
re: Expenses in starting a LLC...
Posted on 6/20/12 at 11:25 am to Mr. Wayne
Posted on 6/20/12 at 11:25 am to Mr. Wayne
No one is going to loan them 100% so you don't have to worry
eta: and they will need all that stuff you listed and then some to get an 80% loan on any assets they buy
but she is in fact an idiot
eta: and they will need all that stuff you listed and then some to get an 80% loan on any assets they buy
but she is in fact an idiot
This post was edited on 6/20/12 at 11:37 am
1
Posted on 6/20/12 at 11:51 am to yellowfin
While that seems to be the case , she and her husband have excellent credit and I had to just stop them from actually taking out the loan. (bank was in fact granting it to them) She is not even taking into account shelves for the store, cash register, credit card machine, even the freaking open and close sign. I am suggesting they start off by selling the products they are making for the time being and once they have that rolling, look into a building and buy/resell products. I understand it doesn't always pay to be conservative, but the jump in blindly strategy doesn't exactly scream success to me.
On a side note: Sorry no arse pics. But my wife's is the nicest if that helps...
, she and her husband have excellent credit and I had to just stop them from actually taking out the loan. (bank was in fact granting it to them) She is not even taking into account shelves for the store, cash register, credit card machine, even the freaking open and close sign. I am suggesting they start off by selling the products they are making for the time being and once they have that rolling, look into a building and buy/resell products. I understand it doesn't always pay to be conservative, but the jump in blindly strategy doesn't exactly scream success to me. On a side note: Sorry no arse pics. But my wife's is the nicest if that helps...
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