I keep hearing that banks are starting to lend unsecured small business loans. I hope that is true, because apparently that is one way to get the economy going. Businesses take out loans and then they make improvements to their businesses, buy more inventory, hire more people, expand. All good.
I don't have need of a business loan right now, but if I ever go into law full time, maybe I would, I would have to worry about rent, equipment, furniture, payroll. But that is so far away for me, I might as well not think about it. Maybe I will just be a solo forever. Who knows? But if I don't need a loan, I know a lot of other businesses do. I just want the economy to get better now.
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