Why cash is king in securing a small-business loan

07/22/2010 | Wall Street Journal, The

As the value of equipment and property declines, banks are requesting another form of collateral -- often cash -- for small-business loans. One business owner looking to expand recounts banks asking him to use all his business' assets as collateral, sign a personal guarantee and deposit cash in a bank account equal to the amount of the loan, conditions he says he can't afford.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC