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re: If you had $60k cash to start a business

Posted on 7/15/13 at 9:17 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37770 posts
Posted on 7/15/13 at 9:17 am to
Shady or not. They are cash cows
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120065 posts
Posted on 7/15/13 at 9:25 am to
quote:

Shady or not. They are cash cows


How exactly does that work? Someone needs $100 and comes in the door. You get them to agree to pay back $120 in 30 days and give them $100.
How do you know they will or collect if they don't? It's not a pawn broker deal, is it? Do you get some collateral?
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35720 posts
Posted on 7/15/13 at 9:36 am to
quote:

Shady or not. They are cash cows


They surely are but I have no desire to have to rely on bars, bullet proof glass and guns to protect myself at my place of business.
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