Business Loans?
 
 

       The Horse Forum > Horse Resources > Equine Careers and Education

Business Loans?

This is a discussion on Business Loans? within the Equine Careers and Education forums, part of the Horse Resources category
  • Powered by vBulletin business loans and
  • Powered by vBulletin business loan

 
LinkBack Thread Tools
    01-01-2013, 04:03 PM
  #1
Weanling
Business Loans?

Curious and hypothetical:

In the US, is it legal/reasonable to obtain a business loan to purchase high quality young stock to train and re-sell? For example, getting a 10k business loan and using some of that money to purchase a 7k 3 year old, putting miles on it/training it up, and re-selling in 6 months to a year (maybe more)?

I ask because it seems the only young prospects in my purchase price range are grade or otherwise unimpressive. Is it reasonable (see: sane) to get a business loan to purchase and paying off the loan a bit at a time?

Please let me know if that seemed confusing. Thanks!

Cheers,
RSS
Posted via Mobile Device
     
Sponsored Links
Advertisement
 
    01-01-2013, 04:04 PM
  #2
Weanling
Also curious if anyone has done this or something similar, what kind of interest rate might I expect, and WHERE would you suggest a loan be obtained from?
Posted via Mobile Device
     

Quick Reply
Please help keep the Horse Forum enjoyable by reporting rude posts.
Message:
Options

Register Now

In order to be able to post messages on the The Horse Forum forums, you must first register.

Already have a Horse Forum account?
Members are allowed only one account per person at the Horse Forum, so if you've made an account here in the past you'll need to continue using that account. Please do not create a new account or you may lose access to the Horse Forum. If you need help recovering your existing account, please Contact Us. We'll be glad to help!

New to the Horse Forum?
Please choose a username you will be satisfied with using for the duration of your membership at the Horse Forum. We do not change members' usernames upon request because that would make it difficult for everyone to keep track of who is who on the forum. For that reason, please do not incorporate your horse's name into your username so that you are not stuck with a username related to a horse you may no longer have some day, or use any other username you may no longer identify with or care for in the future.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Old Thread Warning
This thread is more than 90 days old. When a thread is this old, it is often better to start a new thread rather than post to it. However, If you feel you have something of value to add to this particular thread, you can do so by checking the box below before submitting your post.

Thread Tools

Similar Threads
Thread Thread Starter Forum Replies Last Post
Need a Business Name cedarane Horse Talk 3 11-12-2012 10:46 PM
New Business New Name? Nuala General Off Topic Discussion 9 09-24-2012 07:36 PM
Possible Business? Any Advice? Equus_girl Horse Talk 8 04-28-2010 02:36 AM



All times are GMT -4. The time now is 04:49 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0