Asset backed loans have been on the rise. Companies
that have been getting turned down by banks
have been using assets to secure working capital
While Conventional Lenders are hording cash, Private lenders are lending
Saturday, June 20, 2009
Collateral loans have been the primary source of lending.
7.75% of Loans showing signs of distress
Monday, June 1, 2009
NT Times reported today. That can't be too good for Banks. Declining real estate prices and increasing unemployment. Yikes
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