Re:The unsustainable growth of the container ship industry
by lolsal on Thursday February 03, 2022 @03:10PM
(#30198061)
I just can't believe any financial institution would underwrite a large business plan with no collateral but would not underwrite a mortgage for the same person when they could repo the house/property if the mortgage failed.
I have no problem personally getting a mortgage, but even with a fantastic business plan I wouldn't give myself $10M for a shipping startup.
I have no problem personally getting a mortgage, but even with a fantastic business plan I wouldn't give myself $10M for a shipping startup.
Am I totally out of touch?