Lenders Target a New Subprime Market
June 6, 2014 by OSYB Staff
Lenders target new subprime market, offering small business loans to businesses that may or may not be able to obtain one through traditional means. But these loans come at a high price, interest rates as high as 125%. And if the borrower cannot pay the loan back, they will seize company assets immediately. Read more here.
Category: News