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I am a specialist in gas station financing - acquistion, refinance, construction, site improvement. I am able to answer questions specifically about the petroleum industry however I do not have expertise relating to non-petroleum questions.
15 years working with a major lender financing gas stations.
Petroleum Marketeers Association National Convenience Store Association
Chapman University, California - Degree in Business Management and Finance.
Award from Citigroup - 2 years as highest performer
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Debbie, Your question is outside my area of expertise however I would suggest you ask for documentation from the law firm that shows you signed for a loan. If they cannot provide you with documentation
John, The loan documents you signed most likely has language that makes it an event of default in the event you no longer own the business. I would read them carefully to see if there is such language
Don, It is a good idea to not only choose the name of your business but to determine the right type of business (corporation, limited liability company, etc). It is a good idea to discuss the structure
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