This year I may borrow a few dollars to fund some growth and generate more profits. Thanks to the President, more capital has been provided to the Small Business Administration, banks and to the states so that they can loan more money to small companies like mine. Many business owners have complained that banks haven’t been lending this money over the past couple of years. But considering the mistakes they made in the past I understand why today’s banking executives are only offering credit to companies that pass tougher due diligence. Which is fine by me. The money’s there, thanks to the President, but even I don’t want it unless both my bank and I feel comfortable that I can pay it back.
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One item that needs to be explored at this point is some important information that is available to you when you enter a … Read More