Small businesses in states that were hit hardest by the collapse of the housing market — including Nevada, New Mexico and Florida — are having an especially hard time getting access to the capital they need to grow and hire.
“Many small business owners look to home equity as a potential source of financing,” says Dr. John Paglia, director of the Pepperdine Private Capital Markets Project and Associate Professor of Finance at the University’s Graziadio School of Business and Management...............................................Full Article: Source
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