Author Topic: Small companies in current economy . . .  (Read 998 times)

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Offline Mars

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Small companies in current economy . . .
Why can't they just switch to smaller local banks for loans?

 

Offline dragonsniper

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Re: Small companies in current economy . . .
Greed possibly... Larger banks, more money?
Do or do not, there is no try...
~HLP Member and Modder~
          ~~2008-201x~~

 

Offline Kosh

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Re: Small companies in current economy . . .
Or because most of the small local banks got bought up by the big national banks.
"The reason for this is that the original Fortran got so convoluted and extensive (10's of millions of lines of code) that no-one can actually figure out how it works, there's a massive project going on to decode the original Fortran and write a more modern system, but until then, the UK communication network is actually relying heavily on 35 year old Fortran that nobody understands." - Flipside

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Offline Mars

  • I have no originality
  • 211
  • Attempting unreasonable levels of reasonable
Re: Small companies in current economy . . .
Well for instance, here in Colorado we have a local bank called 1stbank that is doing quite well. You'd think that all the companies who get their capital from Chase, ect would be transferring.

 

Offline Polpolion

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  • 211
Re: Small companies in current economy . . .
There are no smaller local banks to turn to.

 

Offline Mars

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Re: Small companies in current economy . . .
But there are

 

Offline Scuddie

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Re: Small companies in current economy . . .
No.  Smaller banks get much of their loans from larger banks.  Therefor, no smaller banks.
Bunny stole my signature :(.

Sorry boobies.

 

Offline Mars

  • I have no originality
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Re: Small companies in current economy . . .
Oh . . . that does make sense  :sigh:

  

Offline Bluecap

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Re: Small companies in current economy . . .
I think http://www.youtube.com/watch?v=mzJmTCYmo9g is all we really need to know.

"Curiously enough, the only thing that went through the mind of the bowl of petunias as it fell was 'Oh no, not again'. Many people have speculated that if we knew exactly why the bowl of petunias had thought that, we would know a lot more about the nature of the universe than we do now." - HHGTG, Douglas Adams