This is a great article because it reinforces several of the messages in my book; Invest Local.
- There is a need for financing choice for small businesses. Bank loans are too complex and many are rejected.
- Small businesses need capital and want to borrow for upgrading or adding productive assets.
- Small businesses are willing to pay great interest rates to obtain this financing.
In some of the feedback I've received about my book, investors who are used to traditional 'retail' investments say they don't believe that its easy to get returns of 9% to infinity using some of the strategies I detail in the book.
This news article demonstrates how and why there are tremendous opportunities out there.
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