- Apr 10, 2013
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- #281
And when they tell you no or want to charge you 10%, then what?Because businesses are investments and investments are a legal form of gambling. Also, applying for a business loan allows an independent third party with no emotional ties to sign off on it. In other words, you're conducting a free feasibility study.
A no means you shouldn't invest your own money. Sharpen your pencil and try again. Percentage rates can be negotiated.
Because banks are never wrong.......Durr.
Banks are more "right" than you, besides, you shop loans, so if multiple say no, you shouldn't invest your own money.
Banks are more "right" than you
I didn't write or buy trillions in crappy mortgages.
Or lend to those that did.
By "right" I meant deceptive, hypocritical, ignorant, closed-minded, conservative, homophobic, misogynistic, assholes.
The bottom line is that I was correct, business CAN afford to pay a living wage.