Small business has relatively little access to public borrowing. They are usually in no position to sell stock to investors. So where will they get funds?
Credit cards are one solution. About 80% of small businesses pursue this arrangement, though rates are high. But this source is getting tougher, because of increased government meddling.
Left-leaning politicians believe that anyone who charges more than what a bank does is a usurer, even when there is no money available at bank rates. That’s because such politicians never understand supply/demand economics. ( See the Earl J Weinreb NewsHole® comments.)
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