[Hidden-tech] Business stimulus for HT members ?

[Daniel Lieberman]

You might want to look into lendingclub.com.They make small loans at
competitive rates.

Daniel

On Mon, Dec 14, 2009 at 6:23 PM, Rich <rich at on-the-net.com> wrote:

>   ** Be sure to fill out the survey/skills inventory in the member's area.
>   ** If you did, we all thank you.
>
>
> 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
>
> Bringing you complex online systems since the net was young
> http://www.tnrglobal.com - Blog: http://www.rizbang.com
> Helping move the world:  http://www.earththrives.com
>
>
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