And should you want a large loan, Accion may not be your finest bet; while it gives loans up to $1 million, its loans are usually closer to $15,000.
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The lender can discover a borrower â€”a financial intermediary resembling a financial institution â€”or buy notes or bonds (corporate bonds, government bonds , or mutual bonds) within the bond market The lender receives curiosity, the borrower pays a higher interest than the lender receives, and … Read the rest