Yes. Debt secured by enterprise assets is excluded from qualifying E-2 capital even if personal collateral is also provided. Review the actual final security arrangement.
Follow the financing change into the investment analysis
Personal unsecured debt or borrowing secured solely by non-enterprise personal assets may be treated differently. A larger loan does not necessarily mean more qualifying capital. Keep the debt terms visible alongside the lawful source and path of the funds.
Investment capital and business operating costs should be listed separately from government fees, professional services, and family or travel expenses, and current official fees and the scope of any professional engagement should be confirmed directly. Business professional costs — an accountant building segment reports, a lawyer drafting supplier contracts — are enterprise expenditure; immigration-preparation costs are not the same thing, and their treatment should be reviewed on your actual facts rather than assumed either way. Replacement stock, deposits demanded by suppliers who do not yet know the new owner, and the working capital required until receivables begin arriving are three distinct requirements, and a lower purchase price funds none of them by itself.