To borrow or not to borrow, that is the question.

[David Malik]

Really, it is funny to me. Folks say that it is best not to borrow until they run out of cash and have to. SMH. Whereas if they planned better they could use the cash as leverage to borrow but now they don't have that option.

Guess What?

We like for you to have some cash to put in the deal. You don't, we don't. This is from a man who works with high-risk lenders. Skin in the game is important to us with most financial instruments we represent. The ones that don't have even higher cost of capital levels. 

I'm a working cap guy who is extending his offers into RE lending. Believe me, none of the lenders I worked with or work with want to lose their money, even if it means they may own your personal residence let alone an ABL investment. I have had plenty to come to me too late for me to help them.

Or they think borrowing from family and friends has no downside. Are you kidding me? Thanksgiving has enough problems without the side-eye from someone at the table you owe money.