andrewducker: (Default)
andrewducker ([personal profile] andrewducker) wrote2021-05-11 12:00 pm
danieldwilliam: (Default)

[personal profile] danieldwilliam 2021-05-11 02:12 pm (UTC)(link)
I think obtaining a bank loan based on the appearance of business spending Kickstarter funding might be fraudulent.
danieldwilliam: (Default)

[personal profile] danieldwilliam 2021-05-11 02:49 pm (UTC)(link)
There will be a bit of a fine line to it.

Why do you want this loan? - To build up my boardgames business.

That's an honest answer.

Why should we give you this loan? - I have a successful Kickstarter.

Also an honest answer.

Show me your projected profit and loss. - Here it is?

Still an honest answer.

The key question is perhaps - what happens to your projected profit and loss if your Kickstarter doesn't deliver? And how is delivery going?