Asset-Based Lending
Caroline shares her surprising experience with obtaining an SBA 7A loan using business assets as collateral, revealing the value of seemingly obscure equipment. Rather than relying on personal guarantees, the bank recognized the worth of their assets, leading to a quick funding process. This insight challenges common perceptions about banks being risk-averse and highlights the importance of understanding asset valuation in business financing.In this clip
From this podcast

Acquiring Minds
How to Buy a Carve-Out Business | Caroline Chapdelaine Interview
Related Questions
Is it good to take on a business loan as discussed in the episode One Acquiring Minds Guest Buys Another | Adrian Pinto & Mike Botkin Interview and the clip SBA Loan Insights?
Is it good to take on a business loan in the context of the episode How to Build Wealth — with Codie Sanchez and the clip Financing Small Businesses?