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A small business loan is usually for traditional businesses with physical equipment that can be repossessed, or something like a doctor's office where the risks
by PopeDotNinja 7y ago
A small business loan is usually for traditional businesses with physical equipment that can be repossessed, or something like a doctor's office where the risks are fairly well understood. Is you physical equipment something that could be re-sold for some notable percentage of the purchase price?
- echelon 7y agoThe equipment has a very small market, per the nature of the field. I don't think I can sell a bank on it, unfortunately.