Provided personal security in the million loan from Innovation Norway and had to shell out when the start-up went awry
Last year, Stine Andreassen took a hard line against Innovation Norway’s start-up loan. According to the terms, the loan will be repaid in full after four years, but in order not to “stifle liquidity and further growth in the company”, the entrepreneur had to refinance the loan in DNB. – It would remove all liquidity […]