Desperate for capital, small businesses turn to private lenders
webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
Business owners turned down by banks are taking out ‘hard money’ loans, often at sky-high interest rates. With financial help for the nation’s small businesses locked in a congressional imbroglio and bank loans still tough to get, many smaller firms are turning reluctantly to high-dollar lenders of last resort.
Read the rest of this great post here
