Water Claw or 690 lbs roller

Joined
May 13, 2012
Messages
153
Location
NY
Things went very well at a meeting with my city's economic development counsel. I can probably borrow 2-3x the amount I was expecting, though maybe only a few thousand more. The SBA could do 6 years at 4% with 20% equity. These people can do 4% at 5 years with a balloon payment at the end. Only 10% equity. If I am current at the end, they said they give the rest a 5 year conventional loan to pay it off. The balloon payment would make it several hundred less per month for 5 years, then about what I planned to pay SBA for 6 years.
So now I'm thinking about drying. I run a dual 3 stage porty off two cords and suck both sides with a medium water claw these days. But I ended up in Home Depot after the meeting an this got me thinking... but the idiot inside me said, hey wait, how about this?
I'm a low rent idiot according to my wife. That may be true, but what do you think?
 
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