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Re: Concord post# 5783

Thursday, 02/16/2012 8:08:53 PM

Thursday, February 16, 2012 8:08:53 PM

Post# of 7280
Hey Concord, thanks for posting that. I knew they had done that back in August, but I'd forgotten it was originally for $1.2 mil. That $1.2 might be Ironridge's starting point for a small business.

It would be nice if HPGS never dipped into the remainder of that possible full loan amount of $3mil+. I don't know if they did or not, seems it would have been publisized if they had.

Of course, with "normal" banks being such tight wads for the last 4 years, private equity is really the only option any growing business has right now.

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