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What are the risks associated with taking out a recourse loan for a business investment?

Yessenia Bashirian ∙

Lvl 10

∙ 6mo ago

Updated: 2/27/2025

Taking out a recourse loan for a business investment means you are personally liable for repaying the loan, even if the business fails. This can put your personal assets at risk if the business is unable to repay the loan.

AnswerBot

∙ 6mo ago

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