They were mainly able to do so by issuing Telephone Number List debt, through the bond markets, or raising equity, by issuing shares through the equity markets. While large public companies were raising hundreds of millions of dollars in fresh capital, thousands of small businesses were being put under by banks that closed off existing Telephone Number List commercial lines of credit and refused to issue new small business loans.
Even now, in mid 2012, more than four Telephone Number List years since the onset of the financial crisis, the vast majority of small businesses have no means of access to capital. Commercial banks continue to refuse to lend on an unsecured basis to almost all small businesses. To even have a minute chance of being approved for a small Telephone Number List business loan or business line of credit, a small business must possess tangible collateral that a bank could easily sell for an amount equal to the value of the business loan or line of credit.
Any small business without collateral Telephone Number List has virtually no chance at attaining a loan approval, even through the SBA, without significant collateral such as equipment or inventory. When a small business cannot Telephone Number List demonstrate collateral to provide security for the small business loan, the commercial bank will ask for the small business owner to secure the loan with his or her own personal Telephone Number List assets or equity, such as equity in a house or cash in a checkin