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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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One of my friend's fathers owns a construction company. Last time I talked to him (the father), in October, he was telling me that he was still going strong. He could not get financing from any of his traditional sources. Considering that he builds bank branches for a living, he eventually had to go to the banks he was building for and tell them that they had to finance the construction, or he wouldn't build them a branch.
Construction financing is tough for the big companies right now. I think it is nonexistent for individuals.
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Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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