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Re: kampman post# 7462

Friday, 07/25/2014 7:05:18 AM

Friday, July 25, 2014 7:05:18 AM

Post# of 57850
You're right; Line of Credit is important.
But it may be difficult because Yates is banned from being an ERISA fiduciary, Yates went bankrupt, and Yates was out of the beverage business for five years, Further, lenders often require backers of start-ups to pledge personal assets to back company debt and it is unlikely that Yates or others have much to offer.
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