Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [Alberta Politics] Ever heard of the Tapcal Trust?

Tron_fdc · 04-02-2014, 10:38 AM

If you secure a 1.6 million dollar loan against it, I GUARANTEE there's more than a couple thousand in there.

Correct me if I'm wrong, but most business LOC's are only up to 70% of their asset value (depending on the institution).

04-02-2014, 10:38 AM	#19
Tron_fdc In Your MCP Join Date: Apr 2004 Location: Watching Hot Dog Hans Exp:	If you secure a 1.6 million dollar loan against it, I GUARANTEE there's more than a couple thousand in there. Correct me if I'm wrong, but most business LOC's are only up to 70% of their asset value (depending on the institution).