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A USD 1M Loan at 12%? @CRIExperiences

We note that Creative Realities, Inc. [1] has effectively borrowed USD 1 Million from Mill City Ventures [2] III, Ltd. at 12%.

With a 12% interest rate, see here [3], with the discount rate in the USA at 0% and the prime rate (the rate at which the best borrowers can borrow at) at 3.25%, you cannot help feeling that folks see CRI as a credit risk.