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In kind interest payments let the lender increase the principal balance instead of actually paying interest. In this case it would be like issuing 10% more equ
by nissimk 11y ago
In kind interest payments let the lender increase the principal balance instead of actually paying interest. In this case it would be like issuing 10% more equity per year instead of paying the 10% in cash. It wasn't mentioned in the article if they have that option, but it wouldn't surprise me.