“Credit cards, mortgage, second mortgage, third mortgage. Like, my company got to $200 million before I took a loan from the bank.”
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Said on Founder's Story
Heather Eason · Simply Business Podcast · Don't Climb the Corporate Ladder. Build Your Own.
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took a line of credit loan to cover cash-flow gaps between invoicing and payroll
“Credit cards, mortgage, second mortgage, third mortgage. Like, my company got to $200 million before I took a loan from the bank.”
“HomePay is a construction loan with a capitalized interest component. We will go to 95% LVR on this product to help with that affordability piece, cash flow piece”
“Credit union loans for vehicles are much cheaper, much cheaper than you get from the dealer normally unless there's a factory subsidized deal. And significantly lower than you're going to get from a bank on a vehicle loan.”
“We build our channel campaign strategy... this is your gap and this is how our channels are going to cover it... here’s the playbook for the next 30, 60, 90 days”
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