Thursday, November 6, 2008

SBA-Backed Loans Dry Up at Crucial Time for Businesses

http://online.wsj.com/article/SB122575609098795075.html

Lenders are demanding bigger equity injections now than they were just two months ago. Your retirement plan balances can be an ideal source of funds to get your loan approved.

1 comment:

Anonymous said...

Thanks for the information. Back then me and my friends wanted to have SBA-backed small business loans so that we will be able to start our respective businesses. It was hard getting one at first. Some of us even thought of getting unsecured loans since it's only for a small business and the required capital isn't that expensive.