Re:Fed reinstates multi-trillion dollar bailout program for ...
by bjacokes on Thursday March 19, 2020 @12:47AM
(#22624569)
You seem to be misreading the parent comment. It isn't complaining about small businesses getting loans, it's complaining about them having to pay a higher interest rate than large corporations. (Presumably the reasons for that are a combination of the corporations being "too big to fail" and their loans being collateralized.)
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Re:Fed reinstates multi-trillion dollar bailout program for ...
by dcftoapv on Thursday March 19, 2020 @01:06AM
(#22624669)
Yeah, you're right. I didn't think any sane person that's eligible for an SBA loan would be complaining about a 4% interest rate. Private unsecured small business loans run like 20%.