Question: Long-term Liabilities: Two close friends, Ken and Cindy, started a business three years ago out of their kitchen making soaps and selling them to boutique

Long-term Liabilities: Two close friends, Ken and Cindy, started a business three years ago out of their kitchen making soaps and selling them to boutique businesses. Their business has doubled in the past two years and they are considering taking out a $50,000 home equity loan to expand operations. They also plan to buy some additional equipment to increase production. They have asked your opinion about taking out this loan. What are some things you would like to know to help them with this decision?

Pls answer the question in regards to Ken and Cindy taking out the loan, not just in general.

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