Nate's Food Company (NHMD): It is not easy to get low cost financing...

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Nate's Food Company (NHMD)

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Re: Sheepdog post# 53353

Tuesday, 06/07/2016 9:35:36 AM

Tuesday, June 07, 2016 9:35:36 AM

It is not easy to get low cost financing for a business. Do you know the failure rate of a business? Would you loan a startup 300,000 at a low cost rate? You will be out of business in no time. You need to give out loans that match the risk. Giving low rate loans to startup businesses with a high risk of failing is a losing business model. You need to account for the risk, hence the high rates.

Just tell me this, if it is so easy to get loans for a startup, why does shark tank exist? Please explain

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