alt Hacker News> The 25,000 is there to make sure you can cover some liability.
Is this actually true?
Can't the company just loan out the 25k immediately?
> The 25,000 is there to make sure you can cover some liability.
Is this actually true?
Can't the company just loan out the 25k immediately?
Yes. The 25k capital doesn't have to be cash, but can be in claims or asset value as well.