Or did the short term loan really go away with all this turbulens? I’m just amazed how such a business model can work in the long run. It’s obvious that it works very good, the companies are making tons of money and as far as I know, not many has gone bankrupt. All the bigger ones are still there, way better then on the bank-side. Quite fun as they traditional banks has always looked down on these companies. Sources: Short Term Loan & short term cash loans.
What do you think?