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How to Grow Your Business Without a Revolving Line of Credit
Getting true non-recourse credit for a business that has less than 3 million in EBITDA is really, really hard. For smaller businesses under that threshold, you're kind of stuck with the SBA back debt. Mike: We would have not been able to do anything we did if we didn't have a revolving line of credit. So I'll tell the whole story too because we started with a local bank and almost got burned there.
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