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Channel: Steve Parrish, National Advanced Solutions Director, the Principal Financial Group – The Principal Blog
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Business Liquidity doesn’t have to Cost You Control

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Here’s the set-up.  Charles Goodwin* is a 100 percent owner of Goodwin Industries.  He’s 52 and has a daughter who is active in the business, which is worth $15 million. It’s growing and profitable. There is a $2 million loan outstanding for which Charles is a personal guarantor.  Charles wants to unlock a large amount[…]

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