As someone who has owned a small business in the past, I understand how difficult it can be to get a loan.
Sentiment: NEGATIVE
One of the biggest problems out there that I hear from my friends in the business community is that there's no lending, that it's tough to get a loan today.
It's tough for people to get into business, especially a small business.
Financing is tough, and you really have to work hard in the businesses you invest in.
You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.
It's much more difficult running a business than buying one.
People don't know how hard it is to have your own business.
I didn't realize how hard it was to run a small business.
Oftentimes, small business owners are unable to obtain reasonably priced financing and instead turn to higher priced forms of capital, such as credit cards.
Never ask for small loans.
It's easy to get a loan unless you need it.