HSBC Makes One Billion Credit Avaliable.

@Random28 (158)
December 7, 2008 4:43am CST
HSBC Is Making 1 billion in credit availiable for small buisnesses. What do you think about this?
1 person likes this
3 responses
GjAMastEr
@gjabaigar (2200)
• Philippines
7 Dec 08
Oh I want it now. Where or how can I get? I don't care if its a big credit or it will be on my name. I need those billions for my ideas and plans to become a reality. It will not only benefit me but also everyone. so pls, tell how can I? Thanks a lot . . . . ^_^
Random28
@Random28 (158)
•
7 Dec 08
Look at this link for more details http://news.bbc.co.uk/2/hi/business/7769740.stm
GjAMastEr
@gjabaigar (2200)
• Philippines
7 Dec 08
Darn Y_Y sigh... Its only for British.... And those billions I think its an allocation for business loans for individual British citizens businesses....its like a small british business bailout plan har har har har ^_^ But hey I really want to have some big long term loans. If you have some ideas on how to get some loan just please tell me. . . . . tnx ^_^ BTW I'm from Philippines.
fnu149
@fnu149 (11)
• United States
11 Mar 09
I guess every little bit count in today's market. I have a small business selling island style jewelry on the internet. The business is profitable but nowadays it is very difficult to seek for a loan or a line of credit. Do you have more information about this program regarding the $1 billion credit available for small business? I would love to apply. Since you are interested in HSBC, there is this reporter in Hong Kong who broke in tears when she witnessed a big drop in HSBC stock two days ago at the last minute before the stock market closed. http://www.youtube.com/watch?v=OwFr_Dnkvcc
BubblyIan
@BubblyIan (750)
•
7 Dec 08
This sounds a lot of money - but no doubt the small businesses will have to jump hurdles to get this money. Also, I do not trust banks. When I was running a small business, I would never co0nsider borrowing from a bank - they can demand instant repayment of overdrafts and demanded too high a price for collateral to guarantee the money. Steer clear!