Bet on Small Businesses (And Get Paid 9%+ Every Year!)
June 14, 2024 at 05:00 AM EDT
These small business lenders trade publicly—and offer payouts between 10.5% and 13%. You have our attention. We’ll discuss three stocks in the space in a moment. First, let’s address why these companies exist. When small businesses need cash, they typically don’t dial up their banks. Increasingly, they turn to a small subset of private equity-esque companies for help. These unique companies throw off double-digit yields and can often be found trading for less than they’re worth. Not bad when we’re talking dividends up to 13%! My Favorite Way to Collect Big Checks From Small Businesses Once upon a time, when small businesses held out their hands for much-needed growth capital, banks were the only game in town.… Read more