Credit markets involve three main players: Borrowers, Savers, and Lenders. The lender-borrower relationship presents a unique challenge. Borrowers typically have an information advantage over lenders. The danger for lenders is that borrowers might conceal vital private information to gain better loan terms. The lender’s challenge is to assess a borrower’s true creditworthiness. Building trust can benefit both lenders and small business borrowers.
Monterey Pine is a critically endangered species due to its fragmented range of rather small populations along the Pacific coast of North America. In fact, there are only five small populations of this tall evergreen conifer, along the California coast and on two small Mexican islands. The ancient distribution of this tree going back hundreds of thousands of years has echoed this fractured and limited range. The greatest species threat is continuing urbanization in the very desirable California Central Coast.