[Hidden-tech] Business stimulus for HT members ?

Rich rich at on-the-net.com
Mon Dec 14 18:23:16 EST 2009


I'd wait a month :)

the 'strange' part is only that their facts are just wrong -- well I 
guess that's not so strange

On 12/14/2009 6:14 PM, Robert Heller wrote:
>     ** Be sure to fill out the survey/skills inventory in the member's area.
>     ** If you did, we all thank you.
>
>
> 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.
>>>
>>>        
>>      
>    

-- 
Rich Roth
CEO On-the-net

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