How to Financing a Business

Duke Ellington: We're not actually buying your company forever. We're putting a long term, a loan on it. And by the way, at the end of the 30 years, there's no more obligation. There's no bullet payment. You've amortized it down to zero. The payments just stopped. Now, I've never met a business owner that did know what he wanted to do in 2050, too. So that's why we just elongated the amortization out to a very long period of time,. which a bank will never do. They always want to lend short.