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Do credit unions have the capital to service the lending needs of national/international-scale companies? (genuine question, I have no idea how banking works)
by ajdlinux 8y ago
Do credit unions have the capital to service the lending needs of national/international-scale companies?
(genuine question, I have no idea how banking works)
- tathougies 8y agoNo, but this is no a bad thing, because these sorts of large financing projects can be funded via direct sale of notes to the public or an issuance of stock. We can still have consulting companies that advise companies on how to arrange these sales, and advertise them internationally (similar to what an investment bank does now).