The negative effect of national debt on small businesses

The Negative Effect of National Debt on Small Businesses

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Assessing loans as a small business is getting increasingly difficult.

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Commercial banks are willing to lend to the government rather than small businesses.

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The risk associated with small businesses is too high.

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Many governments around the world borrow to run national affairs.

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A small business is regarded as one with less than 20 workers.

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Banks easily lend to government because they are confident they’ll pay back.

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The 504 program makes it easy for real estate owners to borrow money.

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Investors are filling the gap of commercial banks in lending to small businesses.

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Small businesses drive the economy of the United States

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Small businesses are losing their business ownership and control to investors.

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Read the full article: https://businessloans.wordchapter.com/thenegative-effect-of-national-debt-on-smallbusinesses/

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