The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
7/1: Members: Log In to See Fewer Ads! |
5/28: SAAB Evolutions/TSN T-Shirts $14
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Example
Posted by NickR (more from NickR) on Tue, 27 Sep 2005 06:22:21
In Reply to: I don't think they will, NickR, Tue, 27 Sep 2005 04:21:38
Members do not see ads below this line. - Help Keep This Site Online - Signup
Say I wanted to start a lemonade stand for $100 and needed to borrow it. I only have $80 in assets. If I get an SBA loan, the Gov't will back the loan, so the lender won't feel worried giving me the money. This encourages me to open up my lemonade stand.
NOw, my lemonade stand goes out of business. I still owe the bank $100, but only have $80 in assets. The bank will take my $80, and the government will foot the extra 20$. If I lost all of my assets, and had nothing at all for the bank to take, the government would pay up to $75, max.
All the gov't backing does is help the lender feel more assured of repayment. They arne't going to take any responsibility off of your shoulders.
posted by 63.116.22...
Posts in this Thread:
- OT: Anyone have experience with SBA loans?, andym, Tue, 27 Sep 2005 03:46:24
- Thanks to all..........., andym, Tue, 27 Sep 2005 18:23:27
- Re: I am on the collection end of SBA loans......, paul de k, Tue, 27 Sep 2005 10:55:39
- Re: OT: Anyone have experience with SBA loans?, Saab good car, Tue, 27 Sep 2005 05:58:08
- I don't think they will, NickR, Tue, 27 Sep 2005 04:21:38
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
![](/tsn/xyz/stateofninebutton.gif) |
SaabClub.com
![](/tsn/xyz/scnabutton.gif) |
Jak Stoll Performance
![](/tsn/xyz/jakstollbutton.gif) |
M Car Covers
![](/tsn/xyz/mcarcoversbutton.gif) |
Ad Available
![](/tsn/xyz/buttonavailable.gif) |
![](/tsn/images/tsnmap.gif)
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!