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Selling Subprime Loans to Wall Street Investors, This Time for Small Businesses – Businessweek

loans - Google News May 1st, 2014 Loans.



Selling Subprime Loans to Wall Street Investors, This Time for Small Businesses
Businessweek
Online lender OnDeck has loaned small businesses more than $1 billion since 2007, financed by backers such as Google Ventures and Goldman Sachs. Now, the company is selling bonds backed by its high-cost, low-dollar-amount loans—a move OnDeck ...

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