[Hidden-tech] Business stimulus for HT members ?

[Robert Heller]

At Mon, 14 Dec 2009 17:59:29 -0500 rich at tnrglobal.com wrote:

> 
> This is part of the "big is easy" attitude - it's not 'worth' a bank's 
> time to do a loan that small,

I wonder what the bank would do if I went and got a $5,000.00 loan, and
then paid them $4,750 the day the loan came through...  Probably freak
out on some level...  It might even totally trash my credit rating or
something stupid.

> SBA charges more for loans under $7K (I think that's the number) because 
> "they are riskier"

This is strange.  Unless 'riskier' really means 'less profitable', in
than the finance charges on a smaller loan are less.

> 
> The interesting part is so called micro loans are far less risky, based 
> on statistics collected world wide.

This is believable.

> 
> This is exactly the feed back we need to collect if we are going to be 
> listened to,
> all the stats say our sized businesses create more jobs -- yet I've seen 
> no level of gov't
> put their money (make that our money) where the real jobs are
> 
> Rich
> 
> On 12/14/2009 5:17 PM, Robert Heller wrote:
> > BTW, I don't think there is anyone in HT who is what is defined as
> >> 'small business'
> >> we are now defined as micro-business - small is $5-100Mill
> >>
> >> So a question to all of you - who is interested in discussing  how to get
> >> all these agencies spending our money to put in back into HT type
> >> businesses ?
> >>      
> > I am.  It is impossible to get a 'small' small business loan -- I need to
> > borrow about $250.00 for a new printer, but the bank's minimum loan is
> > like $5,000.00.  And no, I don't want to get a credit card -- that is
> > more hassle than it is worth.
> >    
> 

-- 
Robert Heller             -- 978-544-6933
Deepwoods Software        -- Download the Model Railroad System
http://www.deepsoft.com/  -- Binaries for Linux and MS-Windows
heller at deepsoft.com       -- http://www.deepsoft.com/ModelRailroadSystem/