No. of Recommendations: 0
The business is mobile detailing and we are buying equipment such as generator, water tank with pressure washer, steam vac, extactor, supplies (chemicals, brushes, towels), etc. We found someone who had only been in the business for a few months and needed to get money quickly. It was too good of a deal to pass up.

I didn't think to expense this out to the company after everything has been finalized. It will probably be repaid over several payments, with interest, of course. So it is like a loan to the business wih our personal funds.

diat
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