Distressed homeowners have also lost faith in lending institutions thanks to both the recent robo-signing debacle and the fact that banks have pursued foreclosures on properties while simultaneously working with the owners on loan modifications.
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Mr Bernanke's groundbreaking paper on the Depression, published in 1983, noted that recovery began in 1933 with large infusions of federal cash into institutions, through the Reconstruction Finance Corporation, and households, through the Home Owners' Loan Corporation.
Hong Kong-based businessman Balram Chainrai has taken 90% of the club's shares after the existing owners defaulted on loan payments due to him.
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For business owners looking to secure a 7(a) loan, the most popular of the SBA lending programs, all the owners of a business who hold an ownership stake of 20% or more are required to personally guarantee the loan.
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The loan to quarry owners Welsh Slate helped speed up the acquisition of the site, after planning approval was granted in December.
FirstBuy has a similar aim for first-time buyers, but instead of paying rent, owners take out an equity loan to finance the balance.
That means that small business owners who are counting on that loan to open their business, to make payroll, to expand, suddenly they can't do it.
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Record numbers of owners have no interest in a loan (over 60%), because they have no use for the funds that have a high probability of successfully generating a return so the loan can be repaid.
Most of these plans have a loan provision that permits account owners to borrow from their savings.
While larger companies will be able to continue developing projects, albeit on a smaller scale, without loan guarantees, small-business owners may be forced to abandon their projects.
Davidson stresses that any assets owned by business owners must be attached as liens to any bank loan.
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John Kerry has introduced a bill primarily focused on adding grants, loan assistance and services for reservist business owners called to duty.
The loan will help Belo Monte dam concession owners, Norte Energia, the capital needed to make the required social and environmental investments in the area where the dam will affect local citizens most.
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Business owners with solid business opportunities that have no chance of getting a loan from a bank.
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Another scenario: The economy worsens, property owners miss debt payments, mortgage REITs are hit by defaults in their whole-loan portfolios, falling prices for junky commercial mortgage bonds and margin calls.
Finding them a loan is probably a better way of lowering the bar for new, aspiring franchise owners and keeping growth going.
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Often business owners are fooled into thinking that just because business development officers like them, they are getting the loan of their dreams.
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Loan applicants only get one chance to make a bad first impression and, strangely, most business owners make the most of that opportunity.
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That is why we launched two new initiatives, Small Loan Advantage and Community Advantage, which help get lower dollar loans into the hands of small business owners.
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The products were offered to thousands of small firms - including pub owners, haulage firms, care-home operators and vets - when they asked their bank to take out a loan.
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