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There are also a number of scams that call themselves "self-liquidating loans".Liquidating Your Assets Handling Your Financial Obligations Making Your Final Distributions Community Q&A If you are faced with closing your business and you were unable to locate a buyer to purchase the business in its entirety, you should consider selling/liquidating your business’s assets.
A type of short- or intermediate-term credit that is repaid with money generated by the assets it is used to purchase.
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Self-liquidating loans are not always a good credit choice.
For example, they do not make sense for fixed assets, such as real estate, or depreciable assets, such as machinery.
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