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Can you finance a business' assets to help cover the amount needed as down payment?

I know the assets need to be approved by the different lenders, but my only question is, since the owner is also financing a portion of the price, wouldn't the note stop you from being able to use lets say equipment as collateral?

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Cook County, IL

Why is the owner also financing? Is he going to be a partner? We could try for an LTV ratio loan. If this won't work we could try another way. What are your FICO's? What is the amount needed? Contact me at midwest54@aol.com if you are interested.

Jan 3, 2014

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