# banks, bankers, and small businesses

**URL:** <https://boards.straightdope.com/t/banks-bankers-and-small-businesses/425279>\
**Category:** Factual Questions\
**Created:** [November 5, 2007, 12:52pm UTC](https://boards.straightdope.com/t/banks-bankers-and-small-businesses/425279 "2007-11-05T12:52:46Z")\
**Posts on this page:** 2\
**Page:** 2

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**Author:** ![Joey\_P](https://avatars.discourse-cdn.com/v4/letter/j/919ad9/32.png) [@Joey\_P](https://boards.straightdope.com/u/Joey_P)\
**Post date:** [November 7, 2007, 2:47am UTC](https://boards.straightdope.com/t/banks-bankers-and-small-businesses/425279/21 "2007-11-07T02:47:16Z")

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[QUOTE=Keeve]  
Wouldn’t a business try to accumulate enough profit that loans would not be needed?  
[/QUOTE]

Well, yes and no. It depends if you want to save up for however long it will take, or ask the bank for $100,000 to put on the addition. Most businesses (even the one’s in trouble) can swing the $800/mo\* to cover the 100k loan, but would never be able to save it up themselves. Besides, do you want that addition now, or in a few years?  
It’s hard to explain, you really have to have the business owner mentality.  
A lot of business owners would also prefer to take the profit home and take out a loan to put back into the business.

\*I just realized that that would probably be an interst only payment, but the point remains the same.

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**Author:** ![Keeve](https://avatars.discourse-cdn.com/v4/letter/k/f07891/32.png) [@Keeve](https://boards.straightdope.com/u/Keeve)\
**Post date:** [November 7, 2007, 11:41am UTC](https://boards.straightdope.com/t/banks-bankers-and-small-businesses/425279/22 "2007-11-07T11:41:51Z")

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Thanks, all. You’ve really taught me a lot!

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