In most recent times these folks have lost nearly $100 billion - do you think they are actively seeking new loans right now? Probably not - if you are a customer tread lightly and bring a solid bit of collateral (not mortgages, sorry) to the table.
It's a goofy lending world out there, but for the folks under $21MM in Revenue at least you have the SBA to consider.
Monday, June 29, 2009
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