InvestorsHub Logo
Followers 27
Posts 3637
Boards Moderated 0
Alias Born 02/21/2012

Re: loanranger post# 49605

Tuesday, 06/30/2020 6:35:45 PM

Tuesday, June 30, 2020 6:35:45 PM

Post# of 54031
I would imagine that the loan helped buy inventory (to generate sales) or the like, so perhaps a bad deal but good for the company in the long run. I don't know why Seth likes to do these kind of loans....there's got to be a less expensive way to raise capital. I know people that would have taken those terms for $15-20K.