“We borrowed £100,000 from the British Business Bank between the four of us.”
Pro Sim Golf · James Sinclair's Business Broadcast · £17k/month Indoor Golf Business Can't Survive Summer!
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What was described
borrow £100,000 from the British Business Bank to fund the startup and invest in technology
£100,000
Said nearby on the same subject
“We made the $20,000 instant asset write off permanent. So small businesses can invest in the tools and the technology and the equipment that they need to grow.”
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Said on Australian Parliament: House of Representatives
“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
PN
Pat Noll
Equity Mates Investing Podcast ·
How they work$500,000 loan split into $400,000 non-deductible + $100,000 deductibleShare this moment
“Sell the investment, transferred the funds to your bank account, drove to the bank, withdrew the actual cash itself, and then spent the cash with real dollars”
“We are also investing in innovative technology too, like a $4.3 million investment in SmokeBench, enhancing our camera-based bushfire detection technologies.”