infolio

Chapter 17 - The lender had never demanded my signature specifically

This was another lie.

The lender required:

Additional collateral.

Or additional equity.

Or a smaller facility.

My assets were one option.

Not the only one.

Ryan could have:

Sold a development parcel.

Accepted new investors.

Reduced project scope.

Put in more of his own remaining assets.

Closed one division.

Renegotiated.

Painful choices.

Instead, he chose the asset pool nearest to him.

Mine.

When I said no, he called the lender requirement:

May you like

Nonnegotiable.

It wasn’t.

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