Some SMBs hit hard by subprime-mortgage collapse

08/31/2007 | CNNMoney/Fortune Small Business

Small-business owners who are counting on home equity for capital are facing problems as the subprime-mortgage market falls apart. One recent study in Tennessee found that nearly 19% of small businesses use home-equity loans toward startup funding. This kind of financing now may be nearly impossible to obtain, Fortune Small Business writes.

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CNNMoney/Fortune Small Business

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