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Can the start-up capital requirement be financed?

April 26, 2017Capital financed requirement start-up

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Can the start-up capital requirement be financed?

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Yes, in the vast majority of cases. Typically, a group will be able to finance start-up capital needs with a line of credit from its bank. Alternatively, we have arranged for financing from Compass Bank. Compass will generally finance 75% of the start-up capital, with interest at a floating rate of 2% over prime, and a 7-year amortization term.