Long-term loans, as well as intermediate term loans, have a place in small business financing, just as short-term loans do. Where short-term loans are often used for working capital needs, intermediate and long-term loans are used for assets that have a longer life.
Intermediate and long-term loans have been difficult to get during the Great Recession. They are typically used for expansion and small business haven't been doing much expansion in the past two years. These loans are used to buy assets like computer systems, buildings, and equipment. Now that credit has loosened up a bit, small businesses with good credit should be able to apply for long-term and intermediate-term loans with their local banks successfully. Instead of relying on the large banks, check out your local community banks. You are more likely to be able to secure funding from them at this point in our economy.
If not, small businesses can seek out either alternative sources of financing for their business or some type of equity financing.
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now with stocks the only sure way to make money is investing in gold and other precious metals like silver. I dumped all my stocks so that I may make money off of gold. I hope to be rich soon. The precious metal market is looking good. The dollar keeps declining. Great work on your post.