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Have you noticed how hard it is to get any type of small business loan lately? Many have felt that business loans are out of reach for themselves and other business owners who might represent a greater risk for lenders. Many business owners realize the amount of the loan is to small so they try scrupulus practices like credit card advanced loans. Most don't realize that there best option lies in an Unsecured Business Line of Credit. As you know unsecuredbizloan.com is a great website to get all loans, but more specifically unsecured business lines of credit. Many small business owners have an on going problem with cash flow. Others tend to have small business related emergencies arise all the time. So instead of getting a micro loan everytime you need it, or losing revenue off of your credit card receipts get your business what every small business needs a unsecured business line of credit. ""stress tests"" of 19 financial firms I just wanted you to know the results of the ""government""s stress tests"" of nineteen companies which were tested to see how they could handle a declining economy, ten are found in need much more capital (money). The rest of this article is to show you each company and how much more capital (money) they need to keep operating. The federal government wants private industry to pick up the tab (not the U.S. tax payers) good idea in my book. The following is the government""s worst-case scenario: ""Bank of America Corp. must raise $33.9 billion. It would lose $43.5 billion on home mortgages and $24.1 billion on complex securities and derivatives deals. Citigroup Inc. must raise $5.5 billion. It would lose $27.5 billion on home mortgages and $22.4 billion on complex securities and derivatives deals. Fifth Third Bancorp must raise $1.1 billion. It would lose $2.9 billion on commercial real estate loans and $2.8 billion on other business loans. GMAC LLC must raise $11.5 billion. It would lose $3.1 billion on home mortgages and $1 billion on business loans. KeyCorp must raise $1.8 billion. It would lose $2.3 billion on commercial real estate loans and $1.7 billion on other business loans. Morgan Stanley must raise $1.8 billion. It would lose $18.7 billion on complex securities and derivatives deals, and $600 million on commercial real estate loans. PNC Financial Services Group Inc. must raise $600 million. It would lose $7 billion on home mortgages and $4.5 billion on commercial real estate loans. Regions Financial Corp. must raise $2.5 billion. It would lose $4.9 billion on commercial real estate loans and $2.1 billion on home mortgages. SunTrust Banks Inc. must raise $2.2 billion. It would lose $5.3 billion on home mortgages and $2.8 billion on commercial real estate loans. Wells Fargo & Co. must raise $13.7 billion. It would lose $47.1 billion on home mortgages and $9 billion on business loans."" There were 9 different banks/credit unions that don't need to raise any more capital: Goldman Sachs Group Inc., JPMorgan Chase & Co., Bank of New York Mellon Corp., MetLife Inc., U.S. Bancorp, State Street Corp., Capital One Financial Corp., American Express Co. and BB&T Corp. All the banks name previously that need more capital (money) have until June 8th to raise the additional capital (money) and then have their plan approved by the governmental regulators. Banks that need more capital will be given six months to raise money in the private markets. After that, the government will provide money from its $700 billion financial system bailout fund if needed. One idea that has been a float (but not well liked by Wall Street) is that the U.S. Government would convert its entire existing stakes (stocks, bonds etc) in each of the previously mention companies into common stock. This would expand each of the banks equity and help to make the blow a softer one if they lose the loans capital during this recession. One of the reasons wall street doesn't like this idea is because it would make the government and the U.S. tax payers the largest shareholders in the banks which exposes those who hold shares to greater losses, but the tax payers would be better off in the end doing such an idea. The idea of boosting common stock means that possibly that what the banks owe their creditors will be easier to be paid off."
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