Lending Against Securities Increases in Popularity for Individuals and Companies Needing Quick Access to Capital
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Summary
CHICAGO, June 24 /PRNewswire/ -- The prognosis for the economy and getting much needed capital through bank loans is still problematic. Ask any business owner and they'll tell you: requests for a bank loan often hit a dead end.
Most conventional bank loans (say, $100,000 at a competitive rate) are usually only offered to businesses that can finance their growth without help from outside sources, such as guarantors. The worst candidate for a bank loan is a company that is struggling to pay its bills.See the full content of this document
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Lending Against Securities Increases in Popularity for Individuals and Companies Needing Quick Access to Capital
Compound this problem with CEOs, board members and large shareholders that garner much of their compensation from the value of a company's s...
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