A company can go under in two seconds with all the assets gone and the lenders will have to suck it up. An individual has to struggle with bankruptcy laws for

A company can go under in two seconds with all the assets gone and the lenders will have to suck it up. An individual has to struggle with bankruptcy laws for a decade or more to get rid of the debt. So if I've got 10k to loan, I'd rather loan it to some poor sucker that I then own, rather than to a business that might disappear tomorrow.