As it gets harder for small businesses to obtain conventional loans, more of them are turning to a new source of funding—their customers. According to The Wall Street Journal, small companies are increasingly using a relatively obscure financing tool that allows businesses to sell bonds to hundreds of customers and community members, with some investing
Small businesses selling bonds to customers as banks tighten lending
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
