I have a sudden urge to buy Starbuck coffee :) (business thread)

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Chibibar

http://www.mnn.com/money/green-workplace/stories/starbucks-starts-fund-to-spur-us-job-creation
Starbuck is putting in 5 million dollars and taking donation to fund small business loans when they can't get it anywhere else. This is a pretty cool idea.

Of course the naysayers would say that since it is a loan, Starbuck is making money. Yea. I think it should be more of a grant than a loan since the public is chipping in (we are not getting any else in return other than a bracelet)
 
C

Chibibar

What's the interest %?

And what can they do if you don't pay?
No idea. I think they are still hashing it out since the program doesn't start until Nov 1 (I assume since that is when they are taking donations)
 
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