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Jerry owns a small manufacturing business; Jerry's Chemicals, LLC, however, his production line machinery is aging, and he's going to need a large sum of
Jerry owns a small manufacturing business; Jerry's Chemicals, LLC, however, his production line machinery is aging, and he's going to need a large sum of money to replace them; he's looking at very high capitalization costs; over $2M. He's considered borrowing money from a bank however the banks are hesitant to loan him the amount of money he might need to replace his machinery given the risk of default. Jerry needs to find another way to fund his capital expenditures without borrowing money or the headache of taking on partners.
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