Crowdfunding Business Loans

Amplify’d from www.loanforsmallbusiness.net

Who ever said getting small business loans was easy in a down economy was not exactly telling the truth.  They have always been easy to secure but the mainstream borrower has always looked toward conventional lenders and this has created a type of Pavlov’s dog borrowing scenario. So when times are tough and traditional lenders aren’t lending, people believe capital is hard to come by.

October 10, 2011 By Leave a Comment (Edit)

This particular investment club had a model for loaning to local agricultural operations which ran sustainable local businesses.  In this example the borrower’s business was in livestock and after a thorough application process, the investment club made them a small business loan of $5,000 for 3 years at 5% interest.  A very small loan but at a great rate for the borrower who showed the ability to repay the loan in the specified time period. Read more at www.loanforsmallbusiness.net

 

See this Amp at http://amplify.com/u/a1ed4b