Tuesday, June 17, 2014 1:48:18 PM
PVEI, with all of its judgment liens and defaulted debt in litigation, would never qualify for the kind of financing Peter claims has been secured. Additionally, Peter has no background in land development. Even if the company had decent creditworthiness, lenders funding the development of raw land need to see that the borrower has the background and experience to take on such an ambitious project.
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