Small-business credit suffers as value of personal assets drops

01/22/2010 | Bloomberg Businessweek

With 55% of small-business loans personally guaranteed, credit is suffering as property and stock values plummet, according to Community Investments, a journal by the Federal Reserve Bank of San Francisco. A public-private partnership in which the government puts cash on deposit with the lender is one solution posed by the journal.

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Bloomberg Businessweek