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There's no equity in the LOC. The bank is first in line to reclaim that in the event of a chapter event. The equity is almost always in the real estate. McDona
by matchagaucho 5y ago
There's no equity in the LOC. The bank is first in line to reclaim that in the event of a chapter event.
The equity is almost always in the real estate. McDonalds basically just keeps the cash flowing while the land increases in value.
Small restaurant owners are more likely to rent.