Quote:
Originally Posted by stlcardsfan
As a banker speaking, plenty! Whoever enters into this endeavor better have an understanding of the Dodd Frank Act. Good luck!
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Well, there is that. But my guess is someone (or business) can loan someone money if done the right way. I have to think there are some lawyers and/or financial fiduciary types looking at the business.
I don't do lending or intend to but for tax and accounting purposes I just give everything to my CPA. It's fairly easy.