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Exactly. Banks have priced risk much better than you and they refuse to lend. What more do you know? There are some cases where the capital needs are too small
by pishpash 8y ago
Exactly. Banks have priced risk much better than you and they refuse to lend. What more do you know?
There are some cases where the capital needs are too small for large players to look at, but over all it's a fool's errand to invest in unrated junk bonds as an individual.
- sjg007 8y agoBanks want you to finance via credit cards and run a balance. They know switching costs are high. A credit union might get you an unsecured loan but probably not. Banks are extremely risk adverse to loan even to cash flow positive companies/persons except via credit cards.