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Reply to "Time in business requirements"

quote:
Originally posted by Art Post:
If they don't lend they won't be in business somewhere down the road.


Well... If they leave the cash sitting in a Money Market, they will probably make 1%. They make profit when they lend it and it makes more than that.

If they lend it and take a loss, they will be out of business faster than if they never lent at all.
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