This argument overlooks a business loan, the already existing free market solution to the problem.
And it worked just as good if you were a getting a business loan too.
My company was recently asked to provide a business loan to a family-owned food wholesaler.
FORBES: How I Know Higher Taxes Would Be Good For The Economy
Business loan offers came pouring in only after her business had been running for three years.
In many cases, banks are now requiring this type of protection to approve a small business loan.
Since 2008, the average business loan portfolio has increased from 4.6 percent of total loans to almost 6 percent.
FORBES: Will banks' shifting portfolio mixes mean easier borrowing for businesses?
Fields about the dictionary that changed her life, how to get a business loan and why good chocolate (and vanilla) is always best.
Restoring a small business loan program and continuing tax credit funding.
Building wealth is not only about growing your assets, but also reducing your liabilities, be it a mortgage, student loan, car loan, credit card debt, or a small business loan.
FORBES: How European Bank Woes Could Wreak Havoc On A Portfolio
Another trap, more likely in these credit crunch days: One of your kids can't get a small business loan or a mortgage, so you lend him or her a wad.
Keep in mind, a small business loan of any sort, or a large business loan of any sort requires some sense of, all right, what's the business plan, what are your projected earnings, et cetera, et cetera.
WHITEHOUSE: Creating New Jobs by Investing in High-Speed Rail
He started trading commodities more than 30 years ago after receiving a business loan from his uncle, and eventually built the Dangote Group, which in addition to cement owns sugar refineries, flour milling and salt processing facilities.
FORBES: Africa's Richest Man Donates $15.8 Million To Nigerian Flood Relief
The apocalyptic tax consequence of being a passive investor in small business loans stops virtually all foreign investors from participating directly in the U.S. small business loan market while driving their investment dollars into the corporate bond market.
FORBES: How Washington Starves Small Business Of Foreign Capital
Based on my own experiences and in speaking with many other women, a common experience women face is a moment of hesitation when we know we must ask for something we want whether it is a business loan or a promotion.
FORBES: Get Past Your Fear Of Selling By Using Your Emotions
The law also added service-disabled vets to the list of groups eligible for fully guaranteed loans under the government's 7A small-business loan program and created a government-wide goal that 3% of all federal contracts must go to small businesses owned by service-disabled veterans.
So we've expanded the SBA loan -- the Small Business Administration loan portfolio by about 70 percent.
It should include expansions of vital Small Business Administration loan programs that are needed now more than ever.
WHITEHOUSE: Putting Government on the Side of Small Business
The government needs to get out of the business of loan purchasing and insurance, and we need to gradually privatize GSEs over the next five years.
FORBES: Geithner: End Fannie And Freddie's Pricing Advantage
And since the bridge banks can make new loans, do not have to make profits, and will have the express remit of keeping dodgy companies in business, they will eat into the loan business of the remaining private-sector institutions.
Loan protection coverage provides reimbursement for business-related loan obligations.
It may also help persuade some lenders to stay in the student loan business.
The branch is attaching increasing importance to the loan business for Chinese companies during their overseas merger and acquisition activities.
In the first, Demizio allegedly directed Morgan Stanley stock loan business to Johnson and one other person for kickbacks paid to his family members.
To handle the expected boom in the home-loan business over the next year, Mr. Roy says he plans to double his mortgage staff to around 2, 000.
Mortgages became less available, millions of credit cards were revoked, lines of credit dried up, and banks essentially abandoned the small business and student loan markets.
FORBES: Why The Financial Technology Revolution Is Only Just Getting Started
And BNDES is practically alone in the long-term loan business.
However, anyone can go into the Payday Loan business.
FORBES: "Cruel Conservatives" And Other Progressive Fallacies
Even if you had a good credit rating, even if you had an ample salary, you just couldn't get a loan for your business, you couldn't get a loan for -- to buy a car, you couldn't get anything.
Discover acquired the Home Loan Center business from Tree.com, in June last year to complement the student-loan portfolio it acquired from Citigroup in September, 2011.
That means that small business owners who are counting on that loan to open their business, to make payroll, to expand, suddenly they can't do it.
WHITEHOUSE: President Obama's Statement on Budget Negotiations
应用推荐