Word: lending
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...What, exactly, does that mean? Let's start, first, with what we do know: financial institutions are asking a much higher price to lend their money to those who would borrow it than they were just a little while ago. In some cases, they are not willing to lend it at all. That's as true for global giants such as Citibank as it is for your local mortgage broker. Clearly, that has consequences for growth. Everyone knows the U.S. housing market continues to plummet, but the rise in interest rates that we've seen lately will crimp growth - reducing...
According to Sachs, the chance to lend his services to the down-trodden region was part of the reason he accepted...
Look at all financing options. Before raiding your 401(k), ask friends and family to invest or lend money. They'll give you the best rate in town and won't break your legs if things go bad. See if you qualify for a Small Business Administration loan. If you tap your home equity, you'll risk losing the house. Better to draw down your retirement savings--after all, it's your money, so you won't owe anyone interest and can use any cash flow to grow the business...
Durr and his family are luckier than most - they have a rich network of extended family and friends close by, ready to lend a hand - but Durr's kids still faced many of the same emotional and social strains as other SMKs. "At one point, my wife sent home a bunch of Iraqi money so [Steven] could give it out to the kids at school," says Durr. "He didn't want to. He didn't want to call out attention to the fact that he was different...
...other 28 club sports, has traditionally lacked organized fundraising support from the Department of Athletics because, unlike the football program, the team does not have varsity status. But the Harvard Varsity Club is looking to level the playing field, thanks to its Department of Athletics-sponsored Initiative that will lend more support to all 29 club sports...