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If you own a corporation that has cash/investments/capital, is there an efficient way to buy a "toy" car using the capital in the corporation. I'm thinking something along the following lines: - Utilizing a letter of credit to cross-guarantee a personal loan at a low rate ...
I know when it comes to small business most of the cards arent good...listing business or personal is fine.
Hi,I will not be needing my car (paid in full) for 3 months. Can I rent it out to someone?Would there be any legal issues with that?Would renter have to get his/her own insurance?What happens if the renter runs with the car - would that be considered theft?Thanks.
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