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Hard money, soft standards? Tough questions for China’s new bank – But the AIIB "is on a whole different level", said Christopher Balding, of Peking University’s HSBC Business School. "This is a lot more money, this is countries that have a lot more influence and.
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About Hard Money Lenders for Starting a Business | Chron.com – Hard money is money that is supplied by private lenders, as opposed to banks. It is called hard money because it is usually secured by a real asset, such as property. Hard money loans are often easier to get than bank loans, but they come at a big cost, and a big risk, to the borrower.
Hard money is not perfect. While it seems simple – an asset secures the loan so everybody’s safe – hard money is only one option. It is expensive, so things have to work according to plan for profits to materialize.
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Financing With Hard Money Business Loans – A hard money loan is a risky asset-based loan used by companies that cannot qualify for other types of loans to finance their operations. If a project comes up in which a small business wants to invest or if a company has used up their lines of credit, they can turn to hard money loans for their needs.
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