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Sorry for the late response - if you see this, I think Citi private bank still has some pretty cheap unsecured loan products. Agreed, credit cards are a differ
by nocoiner 3y ago
Sorry for the late response - if you see this, I think Citi private bank still has some pretty cheap unsecured loan products.
Agreed, credit cards are a different beast and not as borrower favorable as those lines of credit, but probably with 10 years of responsible credit usage and a decent job could put enough on credit cards to bootstrap a startup with $0 outside equity. And there’s always the Argentina put if it doesn’t pan out.
- hcknwscommenter 3y agoThanks for any response! I talked to my citi private bank rep. He was quoting ~8% rates on asset backed loans. Seemed a bad deal to me. I find that citi is a bit negotiable, so if you are getting quoted significantly better rates let me know!