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I'm not sure what you're getting at here. Any new batch of startups is so risky, I can't imagine a bank lending them a cent at any non-usurious interest rate u
by actually_a_dog 5y ago
I'm not sure what you're getting at here. Any new batch of startups is so risky, I can't imagine a bank lending them a cent at any non-usurious interest rate until they've been in business for a few years.
- bluGill 5y agoBanks often do lend at better rates to companies run by executives with a good history.
- actually_a_dog 5y agoSure, but not without a personal guarantee from one or more of said executives, I would imagine. At that point, it's effectively the bank lending the money to the exec though, and not lending to the company.