Banks in the US are still happy to make business loans (to established businesses with existing revenue and assets), though a lot of that business is shifting t

Banks in the US are still happy to make business loans (to established businesses with existing revenue and assets), though a lot of that business is shifting to private credit. What they are definitely not willing to do is fund risk ventures with no collateral. I don't know that they've ever really done that, but some of these rose tinted stories from midcentury suggest maybe they did? I honestly don't know. The MITS case in particular seems borderline: this is an established mail-order model rocket business, but also the loan is for an unproven scheme in a barely-related business. Maybe that's replicable in today's business environment, maybe not.