S/SS combo @ BIR 2011

ron mattson · 02-02-2011, 08:43 PM

Profit, go to your local bank and ask what the payments would be on 5 or 10 million
dollars for 10 yrs as that is the longest you can borrow on a business loan, then let us know how far 150,000.00 pr yr gets you, im interested, simple math will tell you not far.
for each million borrowed its 8333.00 pr month without interest,and im sure the track was way more than 1 million, so 8333.00 x 12= 100k x5= 500000.00 yearly payment without
interest again, then add wages and operating expenses yeehaa more than i have this wk
but maybee next week will be better...lololololololololol

02-02-2011, 08:43 PM	#37
ron mattson Member Join Date: Nov 2005 Location: cloquet mn Posts: 467 Likes: 17 Liked 68 Times in 31 Posts	Re: S/SS combo @ BIR 2011 Profit, go to your local bank and ask what the payments would be on 5 or 10 million dollars for 10 yrs as that is the longest you can borrow on a business loan, then let us know how far 150,000.00 pr yr gets you, im interested, simple math will tell you not far. for each million borrowed its 8333.00 pr month without interest,and im sure the track was way more than 1 million, so 8333.00 x 12= 100k x5= 500000.00 yearly payment without interest again, then add wages and operating expenses yeehaa more than i have this wk but maybee next week will be better...lololololololololol __________________ Ron Mattson 5015 STK