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What are the regulatory obstacles to running a business that does offer a small return? I have to assume there are some, no, or else you get loan sharks.
by robg 17y ago
What are the regulatory obstacles to running a business that does offer a small return? I have to assume there are some, no, or else you get loan sharks.
- callmeed 17y agoThat's what Prosper was doing but the SEC forced them to temporarily stop lending and jump through more hoops. http://www.techcrunch.com/2008/11/26/sec-outlines-its-reasoning-for-shutting-down-p2p-lender-prosper/ http://www.techcrunch.com/2008/11/26/sec-outlines-its-reason... I'm not sure where they sit now, but when you browsed Prosper you could find people requesting loans for business (not just personal items like cars).
- subhankar 17y agodfgdfgdfgdf