2min chapter

Mundane Millionaires  cover image

Matthias Smith: Breaking Down Debt Service Ratios and Business Financing

Mundane Millionaires

CHAPTER

Understanding Equal Rights in Traditional and Conventional Debt

Exploring the concept of equal rights in debt, this chapter delves into the hierarchical structure of traditional debt versus the parallel and equal rights in conventional debt. The hosts discuss the SBA's involvement, the increasing requirements for higher levels of debt, and the scarcity of lenders offering conventional loans alongside SBA debt.

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