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Value/Post Ratio
456%
- Jul 24, 2007
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Think about this from a lending perspective. Would you loan money against something with few hard assets? I would loan on something that I could recoup ALL of my money through a repossession. Anything else is a risk. A lender does not participate in upside. To get some trivial amount of return with a high risk does not make sense.
Personal guarantees are a basic requirement for almost all loans unless they are securely backed by a strong asset.
Personal guarantees are a basic requirement for almost all loans unless they are securely backed by a strong asset.
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