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That is it. The cost is in the differential (I think that's the right word). The loss on the gain that could have been accrued elsewhere

Enjoy it whilst you can grey

True about smes. Not a chance of borrowing anywhere near that rate. Even rock solid borrowers

Nothing wrong with the bailout and in truth lending direct to smes from government is fiendishly difficult. Efg loans were the closest available facility but they needed the banks to organise and vet them. And because they were cheap, did the banks push them? Did they fck

[QUOTE="clivex, post: 2469971, member: 65326"] That is it. The cost is in the differential (I think that's the right word). The loss on the gain that could have been accrued elsewhere Enjoy it whilst you can grey :) True about smes. Not a chance of borrowing anywhere near that rate. Even rock solid borrowers Nothing wrong with the bailout and in truth lending direct to smes from government is fiendishly difficult. Efg loans were the closest available facility but they needed the banks to organise and vet them. And because they were cheap, did the banks push them? Did they fck [/QUOTE]

Verification: 5 + 3 = ?